Japan's Aso says risks tilted to downside but encouraged by U.S.-China talks
Reuters
Published Oct 18, 2019 02:34PM ET
Japan's Aso says risks tilted to downside but encouraged by U.S.-China talks
WASHINGTON (Reuters) - Japanese Finance Minister Taro Aso said on Friday that risks for the global economy were tilted to the downside, particularly from further escalation of trade and geopolitical tensions, but added that he was encouraged by recent U.S.-China trade talks.
Aso, speaking at the final news conference of Japan's G20 chairmanship, said that U.S. and Chinese officials were "now talking to each other in a normal way" and that trade tensions between the two did not appear to be worsening.
He added that G20 finance leaders agreed that global imbalances must be addressed in a multilateral way to achieve sustainable global growth.
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Written By: Reuters
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