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Commodity Mid Session News

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(25 Apr 2025, 10:54)

Economic Buzz: China flags weak global growth at G20

China warned the G20 that global growth is "insufficient" due to trade wars and tariffs. Finance Minister Lan Foan urged stronger cooperation and equal dialogue to resolve disputes. PBOC Governor Pan Gongsheng said supply chains are disrupted and growth momentum is weakening. The warnings came after the U.S. raised tariffs on Chinese goods to 145 percent. China denied claims of ongoing talks and demanded tariff removal. Lan also called for better debt relief under the G20’s Common Framework and more support for Africa’s development.
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