G-7 finance chiefs call for greater flexibility in Chinese exchange rates


SINGAPORE (AP): The United States and other major economies are keeping global growth on track despite risks from high oil prices and other threats, finance chiefs from the Group of Seven industrialized nations said, while urging China to adopt more flexible currency policies. 

The group also urged more action to combat terrorist financing and illicit activities by North Korea and Iran, U.S. Treasury Secretary Henry Paulson said Saturday. 

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