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  • Malkhodr @lemmygrad.ml
    22·
    9 days ago

    🇨🇳🇮🇷🇺🇸 China blocks US-backed G20 language on the Strait of Hormuz

    China has refused to endorse a U.S.-led G20 statement calling for “free, safe, and predictable navigation through the Strait of Hormuz,” leaving Beijing as the only G20 member that did not support the statement in full.

    U.S. Treasury Secretary Scott Bessent criticized Beijing’s position, arguing that China has a major interest in reopening the waterway because of its dependence on Gulf energy supplies.

    China also rejected portions of the statement dealing with trade imbalances, “non-market policies,” critical minerals and sovereign debt.

    Beijing is unwilling to give Washington multilateral political cover for its position on Hormuz.

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