Wednesday, May 2, 2012

Reuters: US Dollar Report: China, Japan, S.Korea finance chiefs see risks

Reuters: US Dollar Report
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China, Japan, S.Korea finance chiefs see risks
May 3rd 2012, 01:10

MANILA | Wed May 2, 2012 9:10pm EDT

MANILA May 3 (Reuters) - Finance ministry and central bank chiefs from China, Japan and South Korea stressed potential downside risks to the economy and cited fiscal health and bigger domestic demand as policy goals at their meeting in Manila on Thursday.

The six top finance officials stressed "promoting fiscal soundness and expanding domestic demand" as policy goals that the three regional economic powers need to take for sustainable growth, according to a draft statement seen by Reuters.

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