Expert from CIGI Canada: The world expects Hangzhou Summit to lead the global economy out of its slump

Xinhua News

August 20, 2016

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Alex He, a research fellow from the well-known Canadian think-tank, the Centre for International Governance Innovation (CIGI), said that "all parties hold a high expectation on the G20 Summit in Hangzhou, China, against the background of slow recovery of global economy".  

Alex said that after 8 years of sluggish global growth since the 2008 global financial crisis, Hangzhou Summit could be a turning point for the G20, as the major economies gradually realized that effective macroeconomic policy coordination is badly needed to prevent the sluggish global economic growth from sliding into a worse stage. With the US stuck in …

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