Departing from his prepared remarks, Putin avoided explicitly
referring to risks arising from U.S. monetary policy. But the message
from the BRICS caucus of emerging markets, which met earlier, was
unmistakably aimed at Washington.
China and Russia said vulnerable countries, including G20 member
India, will need to take steps to rebalance their economies, ruling out
bailouts for countries that have hit trouble.
China, often reticent on the international stage, urged Washington to
be "mindful of the spillover effects and work to contribute to the
stability of the global financial markets and the steady recovery of the
global economy"
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