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G20 officials discuss risk factors for global economy

Officials from the Group of 20 major advanced and emerging economies discussed risk factors for the world economy at a two-day meeting in Tokyo that ended on Friday, amid growing concerns about a global slowdown.

The risk checks by the G20 deputy finance ministers and central bank governors covered trade friction between the United States and China, and Britain’s planned exit from the European Union.

The officials are also believed to have discussed recent global stock market turbulence, before the G20 finance ministers and central bank chiefs meet in Fukuoka on June 8-9.

They approved the Fukuoka meeting agenda proposed by the Japanese Finance Ministry, including such items as global trade imbalances and digital taxation on major information technology companies.

Japan will host a G20 leaders’ summit for the first time in Osaka on June 28-29.

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