China's Xi says G20 countries should boost policy coordination, avoid protectionism

China's President Xi Jinping said on Sunday at the opening of the G20 summit that risks are accumulating in the global economy from high leverage and that countries should take steps to boost trade and investment and avoid protectionism.

G20 countries should increase policy coordination and balance supply-side reform and demand management, Xi said during his address to other world leaders at the meeting in the eastern Chinese city of Hangzhou.