Laid Bare in Shanghai: G-20 Tensions Over How to Spur Growth
- Germany objects to calls for coordinated increase in spending
- Bank of England's Carney warns of risks from zero-sum game
With G-20 Underway, What Do Leaders Need to Do?
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Global finance chiefs split over how best to revive the world economy, risking disappointment for investors seeking a coordinated campaign.
Differences were laid bare on Friday as central bankers and finance ministers from the Group of 20 developed and emerging markets gathered for talks in Shanghai.