Leaders gathering for a Group of 20 nations summit in South Korea this week will have to address persistent imbalances in global economic growth, Barack Obama said on Tuesday.
The US president also struck out at China, saying: “You are seeing some countries run up very big surpluses and intervening significantly in the currency markets to maintain their advantage when it comes to their currency.”
The comments added to a war of words between Beijing and Washington over how to deal with the fragile economic recovery.
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