China signals readiness to work with EU on global economic imbalances

The meeting brought together European Commissioner for Economy and Productivity Valdis Dombrovskis, European Central Bank President Christine Lagarde and Eurogroup President Kyriakos Pierrakakis. According to a statement issued by China’s Finance Ministry, Lan described global economic imbalances as a complex structural issue increasingly shaped by factors extending beyond traditional economic considerations. He identified geopolitical developments and protectionist policies as significant influences on the international economic environment. The Chinese finance minister called on all parties to adopt a comprehensive and objective approach when assessing global imbalances, rather than viewing them through isolated economic indicators. Lan also emphasized the need for open…