South China Morning Post

Most G20 trade ministers reject US call for curbing excess capacity, China says

Most trade ministers from the world’s largest economies disagreed with calls to curb excess industrial capacity at a Group of 20 (G20) trade meeting that ended on Thursday, according to China’s commerce ministry, a view that contrasts with a US statement that a “handful” of countries objected. “The issues related to excess industrial capacity and forced labour have been highly controversial,” a Ministry of Commerce spokesperson said in a statement on Sunday about the two-day G20 Trade...

By South China Morning Post

1 min read
Most G20 trade ministers reject US call for curbing excess capacity, China says
Most G20 trade ministers reject US call for curbing excess capacity, China says

Got news to share with the events industry?

Submit a press release or story tip and reach thousands of event professionals.

Get in touch→

More in Banking & Finance

Related Insights