BEIJING: The global economic recovery is beset by “downside risks“, China’s vice-premier told Asia-Pacific finance ministers, a day after growth in the world’s second largest economy hit a five-year low.
The meeting in Beijing of ministers from the Asia-Pacific Economic Cooperation (Apec) forum precedes the group’s annual summit next month, when Chinese President Xi Jinping is to host counterparts including US President Barack Obama, Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe.
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