China, US share inflation risks that will not go away soon, their former top finance officials agree

Source: China – South China Morning PostBeijing has an opportunity to cooperate with Washington on infrastructure and green investments in the post-coronavirus era, but both superpowers are currently preoccupied with tackling global inflation caused by government monetary and fiscal stimulus policies, a panel discussion between two former finance ministers has heard.During his online exchange with former US Treasury secretary Lawrence Summers, former Chinese finance minister Lou Jiwei expressed a desire for Beijing to work with…Read More

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