China Finance Minister Says Protectionism Hurts Global Growth
China Finance Minister Says Protectionism Hurts Global Growth
(Bloomberg) -- China’s Finance Minister Liu Kun warned that protectionism would hurt global growth, urging all parties to deal equally and rationally in trade conflicts.
Liu spoke at a gathering of Group of 20 finance ministers and central bankers in Fukuoka, Japan, over the weekend, according to a statement posted on the finance ministry’s website on Sunday.
The government would take significant measures in its reform and opening-up policies to boost the Chinese economy, which has been growing steadily this year, the statement added.
To contact Bloomberg News staff for this story: Huang Zhe in Beijing at zhuang37@bloomberg.net
To contact the editors responsible for this story: Andrew Davis at abdavis@bloomberg.net, Magdalene Fung
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