Chinese leaders say they want the G-20, launched to coordinate the response to the 2008 financial crisis, to take on a longer-term role overseeing global economic management. “Free trade must be fair trade,” Juncker said at a news conference with Donald Tusk, president of the European Council. China, the G-20 host, has made trade a headline issue for the meeting in Hangzhou, a scenic lakeside city south-west of Shanghai. China hopes its status as G-20 host will bring it more influence in management of the global economy. Chinese leaders say they want the G-20, launched to coordinate the response to the 2008 financial crisis, to take on a longer-term role overseeing global economic management.

Source: Mint September 04, 2016 10:41 UTC