Despite the concerns, the 22-page, 85-point document also struck an optimistic tone about the prospect of a reasonable economic outcome in the near term.

“We are living in times of major geopolitical, socioeconomic and climate and environmental challenges and crises (that) require urgent action,” the leaders said a day before the two-day summit officially ended.

“We see good prospects for a soft landing in the global economy, although multiple challenges remain and some downside risks have increased amid heightened uncertainty.”