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G-20 leaders agree to refrain from competitive devaluation of currencies

Publié par Clifford Armion le 11/12/2010

Associated Press

"SEOUL, South Korea (AP) Leaders of the world's 20 biggest economies scrambled to reach a last-minute compromise Friday to resolve a U.S.-China currency dispute that has raised the specter of a global trade war. "A draft of the joint statement to be issued at the end of the Group of 20 summit obtained by The Associated Press indicated that huge differences remain. The main sticking point is how to deal with U.S. accusations that China deliberately undervalues its currency to gain a trade advantage while similar charges are being leveled against Washington." Read on...
Pour citer cette ressource :

"G-20 leaders agree to refrain from competitive devaluation of currencies", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), décembre 2010. Consulté le 22/04/2021. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/g-20-leaders-agree-to-refrain-from-competitive-devaluation-of-currencies