Economy · World
China Blocks G20 Finance Communique Over Trade Imbalance Concerns
Scott Bessent, the US Treasury's envoy for international finance, stated that China blocked a G20 finance ministers' communique due to disagreements over trade imbalances. Bessent reported that 19 of the G20 finance ministers had agreed to address 'cheap imports,' but China dissented. The communique was prevented from being issued as a result of this disagreement.
How outlets across the spectrum covered it
L 0 C 2 R 0
- Centre (2): Bloomberg, Fortune