Anthony Deutsch and Geoff Dyer
Financial Times
November 9, 2010
Leaders gathering for a Group of 20 nations summit in South Korea this week will have to address persistent imbalances in global economic growth, Barack Obama said on Tuesday.
- A d v e r t i s e m e n t
- {openx:49}
The US president also struck out at China, saying: “You are seeing some countries run up very big surpluses and intervening significantly in the currency markets to maintain their advantage when it comes to their currency.”
The comments added to a war of words between Beijing and Washington over how to deal with the fragile economic recovery.
Fresh food that lasts from eFoodsDirect (AD)
“We still have a lot of work to do . . . one of the key steps is putting in place additional tools to encourage balanced and sustainable growth,” Mr Obama said after talks with Susilo Bambang Yudhoyono, Indonesia president, the only south-east Asian country in the group.
