China’s central bank governor Yi Gang shakes hands with US Treasury Secretary Steven Mnuchin at the G20 meeting in Japan on Sunday. Photo: Reuters

G20 finance chiefs agree trade, geopolitical tensions have ‘intensified’, sources say

  • Ministers, central bankers set to issue joint statement promising to do more to resolve economic risks
  • Communique also likely to say officials ‘reaffirm leaders’ conclusions on trade’ reached at Buenos Aires summit last year
Topic |   G20

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China’s central bank governor Yi Gang shakes hands with US Treasury Secretary Steven Mnuchin at the G20 meeting in Japan on Sunday. Photo: Reuters
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Xi Jinping described Donald Trump as a friend during his speech in St Petersburg on Friday. Photo: AP

China, US too intertwined to ‘break up’ despite trade war, Xi Jinping says in Russia

  • President tells forum in St Petersburg he does not want a decoupling from Washington and doubts his ‘friend’ Donald Trump does either
  • On efforts to boost global trade, Xi says he wants to be ‘a constructor, not a destroyer’
Topic |   US-China relations

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Xi Jinping described Donald Trump as a friend during his speech in St Petersburg on Friday. Photo: AP
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