gathering in the Japanese city of Niigata, with current chair Japan leading fresh efforts to diversify supply chains and reduce their heavy reliance on Beijing.
German Finance Minister Christian Lindner said on Friday he hoped US politicians would come to a"grown-up" decision on talks to raise the US$31.4 trillion debt ceiling - the maximum amount the US government is authorised to borrow - warning there was a risk to the global economy if they did not.COUNTERING CHINA'S"ECONOMIC COERCION"
Preliminary data provided to Reuters showed Germany's direct investment in China continues to rise even as its government wants to"derisk" their relationship with Beijing.
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DPM Lawrence Wong in Niigata, Japan, for G-7 meeting of finance chiefsNIIGATA, Japan – Singapore’s Finance Minister and Deputy Prime Minister Lawrence Wong will attend a meeting of finance chiefs and central bank governors from the Group of Seven (G-7) bloc of wealthy industrialised democracies in Niigata, where the Republic has been invited as an observer. Read more at straitstimes.com.
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China, Russia loom large over G-7 Finance Ministers Niigata meetingNIIGATA, Japan – The finance chiefs of the Group of Seven (G-7) bloc of wealthy industrialised nations will discuss on Friday ways to beef up resilience in supply chains, so that developing countries can wean off their reliance on China for critical products. Read more at straitstimes.com.
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DPM Wong to visit Japan for G7 meeting of finance ministers, central bank governorsSINGAPORE: Deputy Prime Minister and Finance Minister Lawrence Wong will visit Niigata, Japan, from Thursday (May 11) to Saturday to attend the Group of Seven (G7) Finance Ministers and Central Bank Governors' M
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BOJ's Ueda: G7 finance chiefs to debate financial system risksNIIGATA, Japan : Calm has returned to the global financial system after the recent failure of several U.S. banks, but Group of Seven (G7) finance leaders will communicate closely to respond to any renewed instability, Bank of Japan (BOJ) Governor Kazuo Ueda said on Thursday.Ueda also said there was no ser
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