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US targets China’s global trade surplus at G20 meeting ahead of Xi-Trump summit

South China Morning Post 31 August 2026 10h ago
US targets China’s global trade surplus at G20 meeting ahead of Xi-Trump summit
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US Treasury Secretary Scott Bessent on Monday targeted China’s global trade surplus, raising concerns over “excessive imbalances,” weeks before Chinese President Xi Jinping is expected to arrive in Washington for a bilateral summit with US President Donald Trump. “We are confronting persistent global imbalances that undermine prosperity,” Bessent said in his opening address at the G20 Finance Mini
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