There usually isn't much that comes from these meetings, and the final communique is often available nearly before the meetings have barely begun. Go figure.
This meeting is true to course, it all sounds like everyone had a jolly good time and agreed on everything. Yeah, right.
Anyway, Reuters have a summary piece up, including:
- Agreement to increase reform efforts so as to boost growth
- Confidenence expressed that growth would pick up
- Differing opinion s on the Fed's planned rate hike
- And more along these lines.
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- Finance ministers and central bankers from the Group of 20 nations pledged Saturday to "refrain from competitive devaluations"
- Says PBOC governor, Zhou Xiaochuan, said he saw no reason for the yuan to decline further in the long run
More at the link, and also here