✉news BusinessBanking first seen 3 d ago, last 2 d ago, peak #5
China's central bank chief calls for broad view of global imbalances
Original: China's central bank chief urges 'comprehensive' view on global imbalances
The governor of China's central bank has urged a 'comprehensive' approach to understanding global economic imbalances, according to Reuters. The remarks come amid ongoing debate over trade surpluses, deficits and currency pressures between major economies, with China arguing that the causes of imbalances should be examined more widely than through bilateral trade figures alone.
Why now: Ongoing tensions over trade and currency imbalances between major economies keep comments from China's central bank chief newsworthy.
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Evidence
- China's central bank chief urges 'comprehensive' view on global imbalances · Reuters
- China's central bank chief urges 'comprehensive' view on global imbalances · Columbus Ledger-Enquirer
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