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China’s Xi at G20 says world economy at risk, warns against protectionism
Both Xi and Obama are eager to smooth over their differences and find common ground as the American leader approaches the end of his term and looks to cement his legacy, and his Chinese counterpart seeks a greater role on the world’s diplomatic stage.
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Mr Obama said one reason the airport incident has drawn attention is because the U.S. had a different attitude towards the press than other countries.
Beijing made trade a theme of the gathering in this lakeside city southwest of Shanghai but faces complaints that a flood of low-priced Chinese steel into global markets threatens USA and European jobs, propelling the rise of political movements that promise to curb trade.
British media said the move was a sign that May took a more sceptical view on ties with China than her predecessor. There were also altercations between us and Chinese officials as Obama got off the plane and usa reporters were told to move.
But European Commission chief Jean-Claude Juncker said he opposes such talks while Britain remains part of the EU, insisting they were an “exclusive matter” for the bloc on behalf of its members and “we are sticking to it”.
While most of America was watching college football or grilling this holiday weekend, an worldwide incident with China involving President Obama almost occurred, and an intelligence agency tried to take the scrap with the giant nation to Twitter.
Another key issue at the meeting was Britain’s vote to leave the 28-nation European Union trade bloc, seen by some analysts as the first in a wave of moves by governments to withdraw from free trade.
Overcapacity in the global steel industry, a sore point for China as the world’s largest producer of the metal, barriers to foreign investment and the risk of currency devaluations to protect export markets will also figure in the discussions.
Later in the evening, after holding a ceremony to announce China and the United States joining the Paris Agreement on climate change, and holding wide-ranging bilateral talks for more than three-and-a-half hours, tensions rose again.
Juncker defended the EU’s tax order on Apple against USA criticism. Uncertainty over the status of trade, immigration and other critical issues has disrupted business activity and prompted anxiety among investors.
May said she didn’t want Britain to become inward looking.
American reporters who travelled to the summit with President Obama from Hawaii said that Chinese security guards prevented them from watching the president disembark from the belly of the plane – something normally only done on high-security trips to places like Afghanistan – because there was no red carpet welcome.
“There will be no second referendum, no attempt to turn the clock back or get out of this”, May said.
There are noticeable U.S.
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“At the same time, it will persist in peacefully resolving disputes through consultations with parties directly involved”, Mr Xi said. He said Washington is focused on finishing trade deals with Asia-Pacific governments and the EU.