China’s central bank governor and finance minister – its top financial and economic officials – have condemned the trade war at a Group of 20 ministers meeting in Washington, concluding the tour without official bilateral dialogue with their US counterparts.
“There are no winners in trade wars or tariff wars, and major economies should enhance their participation in international macroeconomic and financial policy coordination,” Pan Gongsheng, governor of the People’s Bank of China, said in an official statement on Friday following this week’s meeting.
