MOFCOM spokesperson Huang Ling said at a regular briefing on the 3rd that China views recent U.S. Treasury Secretary Bessent remarks and the use of multilateral forums such as the G20 to hype alleged "economic imbalance" and "overcapacity" as essentially a push for protectionism and a pretext to pressure and restrict China. China firmly opposes this, saying it will disrupt the global trade order and harm global economic development. MOFCOM urged countries to uphold multilateralism, strengthen po

MOFCOM spokesperson Huang Ling said at a regular briefing on the 3rd that China views recent U.S. Treasury Secretary Bessent remarks and the use of multilateral forums such as the G20 to hype alleged "economic imbalance" and "overcapacity" as essentially a push for protectionism and a pretext to pressure and restrict China. China firmly opposes this, saying it will disrupt the global trade order and harm global economic development. MOFCOM urged countries to uphold multilateralism, strengthen policy communication and coordination, expand openness and cooperation, jointly maintain stable and unobstructed global production and supply chains, and pursue mutually beneficial outcomes.