China blocks G20 unity by resisting ‘non-market’ policy language
TL;DR Summary
China prevented a full consensus at the US‑hosted G20 finance ministers’ summit by opposing language to eliminate non‑market policies that distort trade balances, and by resisting references to critical minerals and data on non‑market policies. With a chair statement issued by all other members, the split underscore tensions ahead of Xi Jinping’s Washington visit and the Miami G20 summit, a point European officials described as a missed opportunity for the global economy.
- China derails consensus on communiqué after US-hosted G20 Financial Times
- Bessent Says China Prevented G20 Communique Over Imbalance Spat Bloomberg.com
- China dissents as Bessent says 19 finance ministers agree to address 'cheap exports' PBS
- At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap Exports The New York Times
- US targets China’s global trade surplus at G20 meeting ahead of Xi-Trump summit South China Morning Post
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