https://www.scmp.com/rss/323087/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The Group of 20 will work to trim global trade costs by 15 percentage points as part of a series of deals reached during a weekend meeting of trade ministers in Shanghai. The ministers also agreed to ratify the World Trade Organisation’s trade facilitation agreement by the end of this year, extended a promise to cut trade protectionism,and agreed to establish a new coordinated global investment policy. G20 members have agreed to act as role models in ratifying the trade facilitation... https://www.scmp.com/news/china/policies-politics/article/1988115/g20-ministers-reach-deal-cut-global-trade-costs?utm_source=rss_feed https://www.scmp.com/news/china/policies-politics/article/1988115/g20-ministers-reach-deal-cut-global-trade-costs?utm_source=rss_feed Sun, 10 Jul 2016 15:15:45 +0000 Beijing aims to come up with a set of guiding principles for global investment when it hosts the G20 summit in Hangzhou in September. Foreign Minister Wang Yi announced the goal on Thursday as he laid out the agenda for the summit. Analysts said the goal was part of Beijing’s efforts to position itself as a major international player reshaping rules in global trade and investment despite being excluded from deals such as the US-led Trans-Pacific Partnership. With 100 days to go until the summit,... https://www.scmp.com/news/china/policies-politics/article/1955885/beijing-push-g20-code-investment?utm_source=rss_feed https://www.scmp.com/news/china/policies-politics/article/1955885/beijing-push-g20-code-investment?utm_source=rss_feed Thu, 26 May 2016 19:00:45 +0000 With global currency volatility spiking and equities markets turning bearish, calls are growing for the biggest economies to coordinate a response. While the Group of Seven, and broader Group of 20, have on occasion issued joint commitments that helped support investor confidence, this time round the complexity of the challenges may make it harder to agree on a path that includes policy action. In the run-up to the G20 gathering of finance ministers and central bank governors in Shanghai later... https://www.scmp.com/news/china/economy/article/1912460/calls-coordinated-g20-front-global-economic-challenges?utm_source=rss_feed https://www.scmp.com/news/china/economy/article/1912460/calls-coordinated-g20-front-global-economic-challenges?utm_source=rss_feed Fri, 12 Feb 2016 16:30:30 +0000