China’s Finance Minister Lou Jiwei has rubbished speculations that a deal addressing currency volatility will be struck at next week’s G20 meeting in Shanghai. Photo: AFP
China’s Finance Minister Lou Jiwei has rubbished speculations that a deal addressing currency volatility will be struck at next week’s G20 meeting in Shanghai. Photo: AFP

Wishful thinking: Rumoured G20 deal to stabilise currency, like the 1985 Plaza Accord, is ‘just fantasy’, says China’s finance minister

China’s Finance Minister Lou Jiwei has rubbished speculations that a deal addressing currency volatility will be struck at next week’s G20 meeting in Shanghai. Photo: AFP
China’s Finance Minister Lou Jiwei has rubbished speculations that a deal addressing currency volatility will be struck at next week’s G20 meeting in Shanghai. Photo: AFP
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