Brexit front and center as G20 finance heads meet in China - News Summed Up

Brexit front and center as G20 finance heads meet in China


At that meeting, China had to counter concerns about the possibility it would devalue its currency and spark a global currency war. "There will be a lot of attention to this meeting as we gather for the first time since the Brexit vote shook markets," said one Asian finance official. Currencies appear poised to be less of a hot-button issue than they were when the finance heads met in Shanghai in February. Christine Lagarde, Managing Director of the International Monetary Fund reacts to photographers before attending the G20 High-level Tax Symposium held in Chengdu, China, July 23, 2016. Finance officials from the world's major economies start a two-day meeting in China on Saturday where they will confront challenges to global growth from Britain's decision to leave the European Union and consider deeper structural reforms.


Source: Thanhnien News July 23, 2016 03:00 UTC



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