July 22, 2018 / 12:44 AM / 2 months ago

Japan's Aso voices concern about capital outflows from China, emerging market

BUENOS AIRES (Reuters) - Japanese Finance Minister Taro Aso said on Saturday he expressed concerns at the G20 finance leaders’ meeting that monetary policy normalization at advanced economies could accelerate capital outflows from China and emerging market economies.

South Korean Finance Minister Kim Dong-yeon (L) shakes hands with Bank of Japan (BOJ) Governor Haruhiko Kuroda alongside Japan's Minister of Finance Taro Aso before posing for the official photo at the G20 Meeting of Finance Ministers in Buenos Aires, Argentina, July 21, 2018. REUTERS/Marcos Brindicci

Speaking to reporters on the sidelines of the G20 finance ministers and central bank governors meeting in Buenos Aires, Aso said no country would benefit from protectionist measures, calling for “free and fair trade” to spur global growth.

Reporting by Scott Squires in Buenos Aires; Writing by Tetsushi Kajimoto in Tokyo; editing by Diane Craft

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