China's objections over trade surplus derail G20 finance statement amid US pressure

China's objections have reportedly derailed the G20 finance statement, as the United States continues to target China's global trade surplus at the ministerial meeting. Washington has made trade imbalances a key theme, citing a surge in Chinese exports and concerns over alleged "overcapacity" driven by state subsidies. This development highlights ongoing US-China trade rivalry and its impact on international economic cooperation and global trade discussions.