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China unveils its deliverables for G-20

China unveils its deliverables for G-20

Bloomberg
China began signalling what its officials plan to present to counterparts at the two-day Group of 20 meeting in Shanghai, laying out a platform for more government spending and renewed pledges of currency stability.

Notably rejected in comments from Finance Minister Lou Jiwei published Thursday was a proposal that emanated from some private-sector analysts for a grand, 1985 Plaza Accord-style deal among G-20 members to guide exchange rates.


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First Published: Feb 26 2016 | 12:12 AM IST

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