The Ministry of Commerce responds to the US's use of the G20 to hype up the so-called "economic imbalance" argument

Beijing, September 3 (Xinhua) -- At a regular press conference held by the Ministry of Commerce on the 3rd, Huang Ling, spokesperson for the Ministry of Commerce, responded to a question about US Treasury Secretary Vicente's recent remarks on China, saying that China believes that using multilateral mechanisms such as the G20 to hype up so-called "economic imbalances" and "overcapacity" is essentially promoting protectionism and finding excuses to pressure and restrict China. China firmly opposes this. This will only disrupt the global economic and trade order and harm the healthy development of the global economy. Countries should adhere to multilateralism, strengthen policy communication and coordination, expand open cooperation, jointly maintain a stable and smooth global supply chain, and promote mutual benefit and win-win outcomes.