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US Treasury chief targets China trade surplus at G20 ahead of Xi-Trump summit
South China Morning PostLO·US · CN·3 days ago
At the G20 summit, the US and China failed to issue a joint statement due to a disagreement over specific wording, reflecting persistent structural tensions between the two economies. The exact phrase remains undisclosed, but the breakdown signals continued friction despite diplomatic engagement. This underscores the fragility of bilateral relations and limits near-term prospects for coordinated action on global economic issues.
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