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China blocked G20 consensus on trade imbalances; rest of world waking up: Scott Bessent
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China blocked G20 consensus on trade imbalances; rest of world waking up: Scott Bessent
Washington, Sep 9 (SocialNews.XYZ) US Treasury Secretary Scott Bessent said China was the sole G20 member that blocked a consensus statement addressing excess industrial capacity and restrictions on the trade of rare earths. Bessent said the disagreement emerged during the recently concluded G20 finance track meeting in Asheville, North Carolina. The United States held the G20 presidency and hosted the gathering. “We just had a very successful G…
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