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G20 countries should promote sustainable, balanced growth: China's FM

Lou was speaking at a meeting of G20 finance ministers and central bankers in the southwestern Chinese city of Chengdu.

The effectiveness of fiscal and monetary policies is diminishing and major economies should deepen coordination to promote sustainable, balanced growth, China's Finance Minister Lou Jiwei said on Saturday.

Lou was speaking at a meeting of G20 finance ministers and central bankers in the southwestern Chinese city of Chengdu.

( Source : reuters )
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