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In December, China will for the first time take over the presidency of the G20, culminating in a leaders’ summit to be held in Hangzhou in late 2016.
The agenda for the G20, a group of the world’s largest economies including the United States, China, India, Russia and major EU members, has been expanding ever since the global financial crisis of 2008-09 when it emerged as the principal forum for dealing with global economic and financial issues.
Hopes are building that China can use its presidency to bring new life to discussions on new sources of growth, such as structural reforms and infrastructure...