G-20 SUMMIT DISPUTE OVER TRADE BALANCE REGULATION.

The Asian leaders in the G-20 Summit disagreed on the support for the USA plan to regulate trade imbalance attributed to the intentionally devaluated Chinese currency for export trade surplus.
However, they agreed on a plan that would regulate any tade that may be dangerous to the global trade and the world market economy.
This disagreement of the major world economies may further result in that has been termed as currencies and trade wars, despite the known fact that governments high demand on the citizens intended to increase their efficiency, production capacity and upgrade their standards of living a long with the economies of their countries resulted in protest and demonstrations through out many European cities. Besides the attempts for a balanced trade by electronic devices and equipments exports from China, specially those that have been in high demand with livesstocks such as pigs from Britain would not be possible for the required trade balance in the world.


Written by Godfrey Ohia.