With less near-term worries, China’s policymakers may think bigger for G20

SINGAPORE (Aug 29): HSBC Global Research believes China’s policymakers will be seeking to advocate a “more medium-term agenda” for the global economy in next week’s G20 Leaders Summit.

The summit is set to take place in Hangzhou on Sept  4-5, with the theme being: "Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy".

“Compared with the finance ministers and central bank governors meeting in late February, there seems to be less pressure for a short-term policy response or initiative,” observes Qu Hongbin, HSBC’s chief China economist and co-head of Asia economics research, in a Thursday report.

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