The Chinese G20 presidency may mark a turning point

Mark Uzan defends the oft-criticised G20 communiqué

The process of globalisation is in retreat. At a time when the concept is questioned in major advanced countries, it was the turn of China to chair the G20 summit, a global finance forum for governments and central banks from the 20 major economies which aims to foster sustainable growth and economic stability.

Numerous commentators will go over the very long communiqué released following the summit and will come to the conclusion that it will not have any impact on global financial markets

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