OECD's Gurria calls for global imbalances action

Washington and Beijing need to back their words with action, after pledging to deal with global economic imbalances, the incoming chief of the Organization for Economic Cooperation and Development said on Thursday 16 February.

"The open question is how long these pressures and these deficits accumulate without there being an interruption to the accumulation of U.S. assets" by countries like China, he said.

"The question is how much action will follow," Gurria, who has been named to succeed Dona

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