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The Wall Street Journal: G-20 agrees to look beyond low interest rates to spur global economy

HANGZHOU, China—China rallied the Group of 20 around a call to use new levers to revive global growth, though the group’s nine-page statement was short on concrete steps and there were few signs that Beijing would lead by example.

Chinese President Xi Jinping said leaders would put in place guidelines on global investment and explore structural overhauls, acknowledging the need for measures beyond low interest rates to prop up the global economy amid growing resentment of globalization’s effects.

Leaders from U.S. President Barack Obama and British Prime Minister Theresa May to Xi highlighted in news conferences and meetings the need to improve the lives of ordinary citizens to garner support for increasingly unpopular trade agreements.

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