G20 sees US-China trade row as intensifying

Meeting for a cause: Delegates attending a G20 ministerial meeting on trade and digital economy in Tsukuba, outside Tokyo. The meetings of financial leaders in Fukuoka and Tsukuba aim to forge a consensus on a range of issues to be endorsed by leaders meeting later in Osaka. — AP

FUKUOKA: Group of 20 (G20) finance leaders said trade and geopolitical tensions have “intensified” but failed to express a pressing need to resolve them, in a final draft communique that said global growth is likely to pick up.

After rocky negotiations that nearly aborted the issuance of a communique, the finance ministers and central bank governors gathered in Fukuoka, southern Japan, yesterday affirmed language on trade issued in Buenos Aires last December.