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Apec sees heightened downside risks to global economy

Published Wed, Oct 22, 2014 · 09:50 PM

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    Beijing

    THE global economy is beset by increasing "downside risks", Asia-Pacific finance chiefs said on Wednesday, a day after growth in China hit a five-year low.

    The meeting in Beijing of finance ministers from the Asia-Pacific Economic Cooperation (Apec) forum preceded the group's annual summit next month, when Chinese President Xi Jinping will host leaders from the United States, Russia and Japan, among others.

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