G7 presses Chinese on currency policy

Oct 23, 2007 | 09:36 AM | Rory Carroll

Despite financial market turbulence, high oil prices and weakness in the U.S. housing sector, the global economy's overall fundamentals continue to be strong, finance ministers from the Group of Seven said following their weekend meeting in Washington.

The ministers from Britain, Canada, France, Germany, Italy, Japan and the United States stressed the importance of stable global financial markets while noting that emerging markets provide a critical role in the strength of the world economy. They also called for a successful conclusion to the Doha Round of multilateral trade talks.....

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