Finance ministers and central bank governors from the G20 economies gathered in Washington this week to tackle pressing global economic challenges, with China’s leaders urging a collaborative approach to trade disputes. Chinese Finance Minister Lan Fo'an stressed that resolving tariff conflicts requires “equal dialogue and consultation,”</em> emphasizing mutual respect among nations.
Speaking at the high-stakes meeting, Lan highlighted the risks of fragmented economic policies, calling for strengthened multilateral frameworks. His remarks came as tensions over tariffs and supply chain competition continue to shape international relations.
PBOC Governor Warns Against Protectionism
Pan Gongsheng, governor of the People’s Bank of China, reinforced China’s commitment to open markets, stating: “Unilateral actions undermine global growth. We must prioritize trust and shared solutions.”</em> He cited China’s efforts to stabilize cross-border trade and invited international partners to collaborate on sustainable financial systems.
The discussions signal China’s proactive stance in shaping economic governance, particularly as geopolitical shifts reshape Asia’s role in global trade. Analysts suggest the outcomes could influence investment trends across emerging Asian markets.
