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China Urges Equal Consultation as G20 Talks End Without Consensus
(MENAFN) China calls on the United States and other G20 members to uphold the principle of “equal consultation” after a meeting of the bloc’s finance ministers and central bank governors concludes without agreement on a joint communiqué.
Beijing expresses deep disappointment over the failure to reach consensus, saying it has taken part in discussions across various G20 working channels since Washington assumed the group’s rotating presidency for 2026.
“China had actively and constructively participated in discussions across all G20 tracks since the US assumed the group’s rotating presidency for 2026, working to promote practical outcomes,” Foreign Ministry spokesperson Guo Jiakun tells reporters in Beijing, according to reports.
Guo says the G20, which serves as a major forum for international economic cooperation, “should conduct coordination on major global economic issues in an objective, fair and balanced manner, based on consultations and equal participation.”
“China hopes the US, as the presidency, and all members will follow these principles, respect the legitimate concerns of all parties and work toward positive outcomes” at the G20 Leaders’ Summit in Miami, Guo says.
The United States currently holds the G20 presidency and hosts this week’s meeting in Asheville, North Carolina.
According to reports, China raises objections to several elements of a statement issued by the United States, which chairs the group, at the conclusion of the two-day gathering on Tuesday.
The statement says the global economy “has remained resilient in the face of multiple shocks, including ongoing wars and conflicts,” while also declaring: “We agree that countries should take steps to eliminate non-market policies and practices that exacerbate imbalances.”
Beijing expresses deep disappointment over the failure to reach consensus, saying it has taken part in discussions across various G20 working channels since Washington assumed the group’s rotating presidency for 2026.
“China had actively and constructively participated in discussions across all G20 tracks since the US assumed the group’s rotating presidency for 2026, working to promote practical outcomes,” Foreign Ministry spokesperson Guo Jiakun tells reporters in Beijing, according to reports.
Guo says the G20, which serves as a major forum for international economic cooperation, “should conduct coordination on major global economic issues in an objective, fair and balanced manner, based on consultations and equal participation.”
“China hopes the US, as the presidency, and all members will follow these principles, respect the legitimate concerns of all parties and work toward positive outcomes” at the G20 Leaders’ Summit in Miami, Guo says.
The United States currently holds the G20 presidency and hosts this week’s meeting in Asheville, North Carolina.
According to reports, China raises objections to several elements of a statement issued by the United States, which chairs the group, at the conclusion of the two-day gathering on Tuesday.
The statement says the global economy “has remained resilient in the face of multiple shocks, including ongoing wars and conflicts,” while also declaring: “We agree that countries should take steps to eliminate non-market policies and practices that exacerbate imbalances.”
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