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G20's deference for China's economic policies irks Japan


SHANGHAI/TOKYO China dodged criticism of its economic management at a G20 meeting it hosted on the weekend, even winning plaudits for yuan transparency, much to the frustration of Japanese officials who are calling for more reforms from Beijing.

G20 growth promise keeps global shares near nine-month high

LONDON World shares held near nine-month highs on Monday after G20 finance chiefs said over the weekend they would use "all policy tools" to lift global growth.

Business, 12:32pm BST

Spain poised to grow 2.9 percent in 2016 -Economy Minister

MADRID Spain's economy may grow around 2.9 percent in 2016, up from the current official target of 2.7 percent, although 2017 could come under pressure due to lower global growth, acting Economy Minister Luis de Guindos said on Sunday.

Business, 24 Jul 2016

UK seeks to assuage global worries over path to Brexit

CHENGDU, China Britain's new finance minister Philip Hammond, under pressure from his peers from around the world, said on Sunday there could be more clarity later this year on how the country will exit the European Union.

Business, UK, 24 Jul 2016

G20 will use 'all policy tools' to lift growth as Brexit weighs

CHENGDU, China The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism. | Video

Business, World, 24 Jul 2016

G20 pledges inclusiveness, but payoff will take time

CHENGDU, China Global finance officials, jolted by growing anti-trade and economic nationalism movements behind Britain's vote to leave the European Union and Donald Trump's U.S. presidential campaign, are intensifying pledges for more "inclusive" growth.

World, 24 Jul 2016

Turkey keen for mention in G20 communique, but rejected

CHENGDU, China Turkey wanted the final communique of the world's financial leaders meeting in China this weekend to include an endorsement of the current government after the failed coup attempt last week, but did not succeed, G20 officials said.

World, Middle East 24 Jul 2016

China should rely on reforms to solve structural issues - finance minister

CHENGDU, China Chinese finance minister Lou Jiwei said China should rely on reform, not fiscal spending, to address structural issues, and added that the country's high savings rate and other conditions allows it to sustain investment growth.

Business, World, 24 Jul 2016

Structural reform key to bolstering growth and sharing benefits - Lagarde

CHENGDU, China Structural reforms are important to bolster economic growth and share the benefits broadly, Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said on Sunday after a meeting of G20 ministers.

Business, World, IMF 24 Jul 2016

France finance minister - G20 agree Brexit talks should start as soon as possible

CHENGDU, China Policymakers from the Group of 20 economies agreed conversations on Britain's exit from the European Union should start as soon as possible to get a clearer long-term perspective and lessen uncertainty, French Finance Minister Michel Sapin said.

Business, World, 24 Jul 2016



Global GDP comparison

A graphical look at the world's top economies by size and per-capita production.  Interactive