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China Urges Global Cooperation to Combat Trade Wars

4/26/2025

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Story summary
  • China cautioned at the G20 meeting that trade wars and tariffs hinder global economic growth.
  • Finance Minister Lan Fo'an advocated for multilateral cooperation and equal dialogue to address trade disputes.
  • Central Bank Governor Pan Gongsheng emphasized the need for coordinated global action to stabilize supply chains.
  • Participants raised concerns about trade tensions and called for enhancements to the multilateral trading system.