New Economy Forum

Eurogroup Chief Donohoe Says Engagement With China Is Essential

Paschal Donohoe, president of the Eurogroup, at the Bloomberg New Economy Gateway Europe conference near Dublin, Ireland, on April 19

Photographer: Paulo Nunes dos Santos/Bloomberg
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Relations with China will continue to be an important feature of how the global economy develops in spite of pressure from the US to decouple from Beijing, said Paschal Donohoe, president of the Eurogroup, which brings together euro-area finance ministers.

“Engagement with China continues to be essential,” he said at the Bloomberg New Economy Gateway Europe event near Dublin on Wednesday. “There may be a different emphasis in tone but the fact that the engagement is happening is the key thing.”