A South Korean finance ministry official said "expanded downside risks to global economic growth" post-Brexit would feature in the Chengdu talks. The International Monetary Fund this week cut its forecast for global growth, specifically on Britain's vote to leave the European Union. Less focus on ChinaWith central bank meetings in both the U.S. and Japan next week, there is likely to be a focus on currencies and current monetary policy settings globally. "With everything aside, talk about strengthening cooperation regarding monetary, fiscal and macro policy to recover global growth will be essential," said the official. However, for host China, the meeting may also bring less heat than February's G20 gathering in Shanghai, when it had to counter concerns about the possibility it would devalue its currency and spark a global currency war.

Source: Thanhnien News July 20, 2016 10:30 UTC