China and the U.S. coordinating

China and the U.S. coming closer

China's vice finance minister stated today that the Chinese nation and the U.S. should support each other via opening their markets, thus increasing cooperation and policy coordination.

China's weak expansion creates global distress

Zhu highlighted further that there is a considerable downside pressure on the worldwide economy, following China’s slow pace and weak expansion.

Japan's new growth strategy

Today, the Japanese government will be setting out a new strategy for growth, one which has already disappointed the majority of the economists.

The economists stated that Abe's approach did not bring any progress, while structural reforms, monetary, and fiscal measures are urgently needed.

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