Chinese President Xi Jinping called on leaders from the Group of 20 nations for greater international coordination to restore confidence in global growth in face of the impact of the coronavirus.
Leaders from major world economies, including the U.S., Japan and Germany, held an extraordinary meeting via video conference to respond to the global pandemic. The disease first emerged in the Chinese city of Wuhan in late December and killed more than 3,200 people in the country since. Overnight, data showed the number of confirmed cases in the U.S. has now surpassed that of China.
“Countries need to leverage and coordinate their macro policies to counteract the negative impact and prevent the world economy from falling into recession,” Xi said, according to a state media transcript of his remarks on Thursday.