China Rejects G20 Export-Dependence Criticism, Says It Fuels Protectionism
- 1China's Ministry of Commerce pushed back against G20 criticism of export dependence, calling it protectionism.
- 2U.S. Treasury Secretary Scott Bessent said 19 G20 nations agreed to address imbalances from cheap exports, with China as the sole objector.
- 3A ministry spokesperson said raising economic imbalances and overcapacity essentially fuels protectionism and harms the global economic and trade order.
This 3-line summary is compiled from the report below.
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