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China says only joint action, not exchange rates alone, can address global imbalances

16 Oct 2026, 06:13 UTC · 1 source
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🚨 PBOC GOVERNOR SAYS EXCHANGE-RATE ADJUSTMENTS ALONE CANNOT FIX GLOBAL IMBALANCES Pan Gongsheng said surplus and deficit economies should share responsibility for addressing global economic imbalances. He called for a “more comprehensive analytical perspective” on the issue. Pan spoke at the third G20 finance ministers and central bank governors’ meeting in Bangkok on Thursday. Source: South China Morning Post #China #globalimbalances #jointaction

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