G20 countries face calls for action to boost growth

Event officials set up a meeting room on the eve of the G20 Finance Ministers and Central Bank Governors Meeting in Chengdu, China's south-western Sichuan province, on July 22, 2016The world’s leading economies must do more to boost slowing global growth, the International Monetary Fund and Washington urged as G20 finance ministers gathered Saturday, with Britain’s vote to leave the European Union threatening more disruption. Central bank chiefs and finance ministers from the world’s top 20 economies met in the southwestern Chinese city of Chengdu, and US Treasury Secretary Jacob Lew told journalists it was “a time of continuing uncertainty in the global economic outlook”. Britain’s new finance minister Philip Hammond on Saturday met his German counterpart Wolfgang Schaeuble for the first time, and held talks with Chinese central bank chief Zhou Xiaochuan.

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