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China’s Xi calls for appropriate handling of disputes with Brita
Beijing said it hoped relevant parties would avoid taking any actions that would escalate tensions. He and Lavrov were expected to continue negotiating the truce – or what President Obama called a “meaningful, serious, verifiable cessation of hostilities”. But, by his account, the two countries are at a standstill on how to end the fighting and deliver humanitarian aid to war-torn Syria.
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“Despite everything, we have some alignment of positions and an understanding of what we could do to de-escalate the situation in Syria”, Putin said at a press conference following the G20 summit in the eastern Chinese city of Hangzhou on Monday. But that is half of China’s estimated excess capacity of 300 million tons, so deeper cuts would be required to bring it in line with demand. Many leaders are already looking ahead to January, when either Hillary Clinton or Donald Trump assumes the business of state.
“And what I’ll be telling them is that the USA has never had a smooth, uncontroversial path to ratifying trade deals, but they eventually get done”, Obama said.
One of the few areas where there was progress was in protecting the environment.
China agreed to cooperate more closely with its trading partners on its politically volatile steel exports as leaders of major economies ended a summit Monday with a forceful endorsement of free trade and a crowded agenda that included the Koreas, Syria and refugees.
A communique was adopted at the summit, clarifying the development direction, targets and measures of G20 cooperation.
Group of 20 leaders pledged to use all available tools to help prop up global growth that’s weaker than it should be while avoiding competitive currency devaluations.
New British Prime Minister Theresa May spent much of the summit discussing Britain’s European Union exit, which will force the country to define anew its trading relationships with Europe, the US and other partners.
“After their quick ratification of the Paris Climate Agreement, China and the USA, the world’s first and second-largest emitters of greenhouse gases, have led by example ahead of other emerging and industrialised economies”, said a commentary in the nationalistic tabloid Global Times.
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“We need increased growth, but it must be better balanced, more sustainable, and inclusive so as to benefit all people”, she said.