APEC Finance Ministers Warn of Global Imbalances and Growth Risks
In a joint statement released after their meeting in Hong Kong, finance ministers from the Asia-Pacific Economic Cooperation forum stated that global imbalances pose persistent risks to growth.
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Senior Pacific Rim finance officials gathered in Hong Kong have warned that global economic imbalances pose persistent risks to growth and stability, pledging to strengthen cooperation and communication.
Finance leaders from the Asia-Pacific Economic Cooperation (APEC) forum released a joint statement on Wednesday following two days of meetings in Hong Kong. The statement emphasized that rebalancing trade is in their collective interest, though no details were shared regarding specific steps to be taken.
Sources
- wral.com · Link