HANGZHOU: Facing populist ire at home, leaders at the G20 summit have tried to walk a fine line: acknowledge anti-globalisation anger while arguing that ever more liberal trade is the cure for sluggish economies. It was a striking tone for the Group of 20, which represents 85% of world GDP and twothirds of its population. China's leader Xi Jinping in his opening speech warned against protectionism and backsliding on trade amid a backdrop of sluggish global growth.But there have been mixed messages from the group's members. US President Obama came to the summit to advocate his two signature trade deals for the European Union and Asia-Pacific. But at home his party's nominee Hillary Clinton has disowned the policies, which stand to lose her votes.

Source: Economic Times September 06, 2016 02:37 UTC