China Blocks G20 Consensus on Trade Imbalance Proposals
Ashville, September 2: U.S. Treasury Secretary Scott Besant announced that China has 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 other 19 member countries supported the chairman’s statement, which emphasized that nations with excessive … Read more