Envoys of the Group of 20 pledged a number of initiatives. They want to boost the sluggish global growth that we are witnessing at the moment and they want to defend against the shock waves that are bound to occur with Brexit.
The Group of 20 includes the US, China, Britain, Germany and other governments. They all met in Chengdu in western China and pledged to work together to strengthen communication and cooperation. They did not, however, announce any joint action, as some financial traders were hoping that they would.
Their statement said, “We are taking action to boost confidence and promote growth. They said that they hope to achieve “strong, sustainable, balanced and inclusive growth objectives.” Learn more about the conference and get the full details about the Group of 20 and their plans.