Senior US Treasury official says will work with "like-minded countries" at G20 meeting to counter China's move away from market liberalization
- China's investment policies are "a challenge to security and to financial stability"
- Says does not believe US steel and aluminium tariffs will impede cooperation to deal with china subsidies, state control of economy
- Treasury official says G20 to repeat Hamburg pledge to find ways to have trade strengthen contribution to world's economies
- Says US to emphasize that "free and fair" trade is a way to strengthen global growth
- Says G20 should commit to creating, implementing common payments standards related to crypto-currencies
(Headlines via Reuters )
US still cranking the pressure up on China
Adam just posted on "China's appetite for Treasuries has clearly waned" ... China has its own ways of countering US policy moves ....
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The Group of 20 finance leaders' meeting is in Buenos Aires next week, 19-20 March. It'll be preceded by a meeting of deputies on March 17 and 18. I reckon the Irish contingent will be hosting a gigantic party on the 17th.
