Asia finance leaders say they are ready to act to stem volatility risks

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Finance leaders from China, Japan, South Korea, and ASEAN nations met in Samarkand. They pledged to watch for excessive financial market volatility. The group will act if necessary to maintain stability. They also committed to open trade and resilient supply chains. Support for a rules-based global trading system was reaffirmed. This meeting occurred during the Asian Development Bank's annual gathering.