US Treasury Secretary Scott Bessent on Monday targeted China’s global trade surplus, raising concerns over “excessive imbalances,” weeks before Chinese President Xi Jinping is expected to arrive in Washington for a bilateral summit with US President Donald Trump. “We are confronting persistent global imbalances that undermine prosperity,” Bessent said in his opening address at the G20 Finance Mini
US Senator Steve Daines, a close ally of President Donald Trump, has wrapped up a days-long trip to China, weeks ahead of Chinese leader Xi Jinping’s planned visit to Washington. According to a Chinese local government and multiple corporate accounts, the Montana Republican travelled from Wednesday to Saturday to China’s tech hub Hangzhou and the southern city of Guangzhou. The visit is consistent