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FrontRow · Sep 1, 2026

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China did not join a G20 statement calling out “non-market based economies pushing out a never-ending stream of cheap exports,” Treasury Secretary Scott Bessent said. Bessent confirmed that China, “the country with the world’s largest and unsustainable current account surplus,” was the sole dissenter from his chairman’s statement. Regarding Iran, Bessent said it’s “incumbent upon China to work toward a solution.”

China did not join a G20 statement calling out “non-market based economies pushing out a never-ending stream of cheap exports,” Treasury Secretary Scott Bessent said. Bessent confirmed that China, “the country with the world’s largest and unsustainable current account surplus,” was the sole dissenter from his chairman’s statement. Regarding Iran, Bessent said it’s “incumbent upon China to work toward a solution.”

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