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China Blocks Consensus on Trade Imbalance Proposals at G20 Meeting

Asheville, September 2: U.S. Treasury Secretary Scott Beasley announced that China obstructed consensus during the G20 meeting of finance ministers and central bank governors. China raised objections to proposals aimed at addressing persistent trade imbalances and non-market economic practices. The remaining 19 members supported the chairmans statement, which urged countries with significant external surpluses to ... Read more China Blocks Consensus on Trade Imbalance Proposals at G20 Meeting

2 Sep 2026 8:00 am