In a constructive move to promote regional trade resilience, central bank and finance officials from China, Japan, and South Korea met to discuss the impact of U.S. tariffs and reaffirm their commitment to financial cooperation and economic stability in Asia.
The dialogue took place during the ASEAN+3 Finance and Central Bank Deputies’ Meeting held in Malaysia on April 8–9. Representing China, People’s Bank Deputy Governor Xuan Changneng joined counterparts from Japan and South Korea in exchanging views on macroeconomic trends, financial market conditions, and collaborative responses to global trade challenges.
A key focus of the discussions was the potential implications of U.S. tariff measures on the regional economy and trade flow. All three countries stressed the importance of maintaining open communication and cooperation to ensure continued trade momentum and market confidence.
China’s central bank emphasized its commitment to a moderately accommodative monetary policy, aimed at sustaining economic growth and reinforcing the stability needed for smooth trade operations.
This trilateral engagement reflects a shared goal of safeguarding regional supply chains and fostering a trade environment that supports long-term development and cooperation.
#ITCNewsUpdates #BreakingNews #TradeNews #EconomicUpdate #NewsUpdate #AsiaTrade #TariffTalks