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Global finance ministers and central bankers are in Washington for the International Monetary Fund and World Bank spring meetings this week. For the world’s two largest economies, there’s no thaw in sight.
Escalating tensions between the U.S. and China will provide an uncomfortable backdrop to the meetings as policymakers grapple with economic uncertainty in the wake of stubborn inflation, banking sector jitters and tsuris over Russia’s occupation of eastern Ukraine. Those relations got even more icy over the last week in the wake of Taiwanese President Tsai Ing-Wen’s visit…
