Daily Market Updates: China central bank chief rejects blame for global trade imbalances

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China central bank chief rejects blame for global trade imbalances

Reported · Written up by our desk · Trade & Tariffs

SCMP Economy reports that People’s Bank of China Governor Pan Gongsheng pushed back against criticism of China over global trade imbalances during the G20 finance meeting in Asheville, North Carolina.

According to the central bank statement summarizing his remarks, the governor rejected the characterization of China as responsible for global trade imbalances.

The outlet’s published material focuses on the text of the statement released to describe Pan Gongsheng’s speech at the meeting.

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SCMP EconomyChinese central bank chief’s remarks at G20

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China central bank chief rejects blame for global trade imbalances

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