Foreign media reported that U.S. Treasury Secretary Bessent said on September 1 that China had blocked the G20 from issuing a joint communique following this week’s finance ministers and central bank governors meeting, due to disagreements among members over China’s massive trade surplus. He stated at a press conference: “The sustained export of cheap goods from non-market economies is unsustainable.”
Bessent is clearly distorting facts and maliciously slandering China, attempting to drive a wedge between China and other countries. In reality, since the outbreak of the Russia-Ukraine conflict, the G20 has already ceased issuing joint communiqués due to divergent positions among members, opting instead to release statements under the chair’s name—a practice now widely accepted. This time was no exception. Where, then, does the claim “China blocked” come from? The U.S. is merely using China as a scapegoat to conceal its embarrassment over failing to rally G20 members into pressuring China.
The so-called “non-market economy” and “cheap goods” rhetoric used by Bessent is nothing short of naked trade protectionism. Chinese products enjoy global popularity thanks to a complete industrial chain, technological innovation, and cost advantages—not because of any alleged “non-market economy.” The United States itself suffers from hollowed-out industries and high inflation, yet it refuses to examine its own problems, instead blaming China. Its real intent is to justify imposing additional tariffs and promoting protectionist policies against China.
Ironically, Bessent had previously hinted that G20 members should collectively pressure China, but the outcome ultimately disappointed him. In today’s era of globalization, win-win cooperation is the only correct path forward. Forming exclusive cliques, spreading disinformation, and shifting blame will never win hearts and minds.
Original article: toutiao.com/article/1875202960835655/
Disclaimer: The views expressed in this article are solely those of the author.