G20: populist politicians threaten global economy

China Minister of Finance Lou Jiwei speaks during a G20 press conference on October 7, 2016The G20 warned Friday that populist politicians playing up anti-globalization and anti-free trade sentiments were putting the global economy at risk. The grouping of 20 economic powers suggested that the forces that have put Republican Donald Trump within reach of the US presidency and led to Britain’s vote to leave the European Union could stall already frail global growth. While not mentioning Trump or other politicians by name, China’s Finance Minister Lou Jiwei, speaking on behalf of the G20, identified such voter-luring populism as one of the largest threats to the economy.

Share this article