China dissents as Bessent says 19 finance ministers agree to address 'cheap exports'

Treasury Secretary Scott Bessent stated that 19 G20 members have agreed to address the issue of cheap exports causing global economic imbalances. During the G20 meeting, Bessent specifically accused China of flooding the global market with these low-cost exports. While the majority of the member nations reached a consensus on tackling these economic streams, China dissented from the agreement, opposing the collective effort to mitigate the impact of its export strategies on the world economy.