This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
China: Putin notes 'positive dynamics in restoration of global economy' at G2001:24

China: Putin notes 'positive dynamics in restoration of global economy' at G20

China, Hangzhou
September 4, 2016 at 12:26 GMT +00:00 · Published

Russian President Vladimir Putin said on Sunday at the G20 in Hangzhou, that Russia expected to end its recession in the "near future", adding that the country’s economy "has stabilised."

Putin noted that "now we record moderate growth of industrial production. In the near future, we hope to renew GDP growth". He said "in comparison with last year, capital outflow has decreased five times over. The inflation rate was lowered in by twice."

The Russian leader also mentioned that the leaders of other countries "talk about problems and difficulties" that had been faced. However, he added, that "today we witness slow but positive dynamics in the restoration of a global economy."

The G20 summit, held between 4 and 5 September in Hangzhou, sees governments and representatives from 20 major economic powers meet and discuss strategies for fiscal policy and international financial stability. 2016's G20 summit will be the 11th of its kind. It is the first time that China, Asia's largest economic power, has held the summit.

China: Putin notes 'positive dynamics in restoration of global economy' at G2001:24
Pool for subscribers only
No Account? Sign up!
Description

Russian President Vladimir Putin said on Sunday at the G20 in Hangzhou, that Russia expected to end its recession in the "near future", adding that the country’s economy "has stabilised."

Putin noted that "now we record moderate growth of industrial production. In the near future, we hope to renew GDP growth". He said "in comparison with last year, capital outflow has decreased five times over. The inflation rate was lowered in by twice."

The Russian leader also mentioned that the leaders of other countries "talk about problems and difficulties" that had been faced. However, he added, that "today we witness slow but positive dynamics in the restoration of a global economy."

The G20 summit, held between 4 and 5 September in Hangzhou, sees governments and representatives from 20 major economic powers meet and discuss strategies for fiscal policy and international financial stability. 2016's G20 summit will be the 11th of its kind. It is the first time that China, Asia's largest economic power, has held the summit.

Top downloads in last 24 hours
01:28
Argentina: Football legend Diego Maradona dies aged 60 *ARCHIVE*Argentina: Football legend Diego Maradona dies aged 60 *ARCHIVE*
November 25, 2020 at 17:59 GMT +00:00
01:37
Argentina: Vehicle carrying Maradona's body leaves Tigre residence where he diedArgentina: Vehicle carrying Maradona's body leaves Tigre residence where he died
November 25, 2020 at 22:33 GMT +00:00
02:00
Argentina: Supporters mourn football legend Maradona at Obelisk of Buenos AiresArgentina: Supporters mourn football legend Maradona at Obelisk of Buenos Aires
November 26, 2020 at 01:33 GMT +00:00
02:13
Italy: Fans gather by San Paolo stadium to commemorate football legend MaradonaItaly: Fans gather by San Paolo stadium to commemorate football legend Maradona
November 25, 2020 at 22:29 GMT +00:00
00:30
Argentina: Ambulances on the move in Tigre after Maradona's deathArgentina: Ambulances on the move in Tigre after Maradona's death
November 25, 2020 at 18:37 GMT +00:00
03:29
Argentina: 'I died with him' - Fans pay tribute to football icon MaradonaArgentina: 'I died with him' - Fans pay tribute to football icon Maradona
November 26, 2020 at 05:05 GMT +00:00
02:13
From Argentina to Russia to Italy, Maradona was revered worldwide *ARCHIVE*From Argentina to Russia to Italy, Maradona was revered worldwide *ARCHIVE*
November 25, 2020 at 19:51 GMT +00:00
Pool for subscribers only
01:40
Argentina: Thousands say last goodbyes to Diego Maradona at Government HouseArgentina: Thousands say last goodbyes to Diego Maradona at Government House
November 26, 2020 at 10:39 GMT +00:00
01:21
Argentina: Police, press outside Maradona's residence after football legend diesArgentina: Police, press outside Maradona's residence after football legend dies
November 25, 2020 at 17:57 GMT +00:00
01:47
Italy: Naples mourns after death of Argentinian football icon MaradonaItaly: Naples mourns after death of Argentinian football icon Maradona
November 26, 2020 at 09:03 GMT +00:00
02:49
Brazil: At least 41 dead after bus and truck collide on Sao Paulo highwayBrazil: At least 41 dead after bus and truck collide on Sao Paulo highway
November 26, 2020 at 02:56 GMT +00:00
02:20
Turkey: Demonstrators mark Intl Day for Elimination of Violence against Women in IstanbulTurkey: Demonstrators mark Intl Day for Elimination of Violence against Women in Istanbul
November 26, 2020 at 09:28 GMT +00:00
Pool for subscribers only
01:38
Nagorno-Karabakh: Russian peacekeepers oversee transfer of Kalbajar district to AzerbaijanNagorno-Karabakh: Russian peacekeepers oversee transfer of Kalbajar district to Azerbaijan
November 26, 2020 at 07:53 GMT +00:00
02:51
Argentina: Football legend Maradona makes debut as 'the Wolf' coach Argentina: Football legend Maradona makes debut as 'the Wolf' coach
September 8, 2019 at 23:45 GMT +00:00
04:14
Italy: Football fans light flares in mourning of Napoli star player Diego MaradonaItaly: Football fans light flares in mourning of Napoli star player Diego Maradona
November 25, 2020 at 20:29 GMT +00:00
Pool for subscribers only
00:31
Italy: Supporters light up flares by Diego Maradona's mural in NaplesItaly: Supporters light up flares by Diego Maradona's mural in Naples
November 25, 2020 at 22:56 GMT +00:00
01:49
Argentina: Fans gather en masse outside morgue to pay tribute to MaradonaArgentina: Fans gather en masse outside morgue to pay tribute to Maradona
November 25, 2020 at 23:30 GMT +00:00
05:10
Wine lovers bathe in Beaujolais at this unique Japanese red wine spaWine lovers bathe in Beaujolais at this unique Japanese red wine spa
November 25, 2020 at 14:45 GMT +00:00
03:04
Germany: Protesters take to Berlin streets to condemn violence against womenGermany: Protesters take to Berlin streets to condemn violence against women
November 26, 2020 at 00:04 GMT +00:00
03:23
Original gun used in first James Bond film goes under the hammerOriginal gun used in first James Bond film goes under the hammer
November 25, 2020 at 16:55 GMT +00:00
01:09
USA: Maradona jersey from farewell match to go on sale at Beverly Hills auctionUSA: Maradona jersey from farewell match to go on sale at Beverly Hills auction
November 26, 2020 at 07:38 GMT +00:00
01:58
Argentina: Pain and disbelief as La Boca neighbourhood mourns death of Maradona Argentina: Pain and disbelief as La Boca neighbourhood mourns death of Maradona
November 25, 2020 at 20:19 GMT +00:00
02:21
Spain: 'As a footballer, he was a star, he was a God' - Barcelona residents react to Maradona's deathSpain: 'As a footballer, he was a star, he was a God' - Barcelona residents react to Maradona's death
November 25, 2020 at 19:25 GMT +00:00
View all videos