Finance chiefs from the Group of Seven nations stopped short of reaching a final agreement on using proceeds from frozen Russian assets to support Ukraine's recovery, leaving it up to their leaders who will meet next month, Japan's finance minister said Saturday.
At their meeting in the northern Italian city of Stresa, finance ministers and central bank governors from the G7 also expressed concern about China's use of "nonmarket" policies and practices, Finance Minister Shunichi Suzuki said, with the overproduction of underpriced Chinese products a concern for other economies.
The group reaffirmed their commitment to the stability of foreign exchange markets, noting that disorderly movements would negatively affect the global economy, Suzuki said.
