China says 'divergent opinions' contributed to lack of G20 consensus

China has stated that differing viewpoints among G20 nations led to a lack of consensus in a recent draft agreement. This disagreement is significant because the G20 plays a crucial role in shaping global economic policies. The absence of a unified stance may hinder efforts to address pressing economic issues, such as structural excess capacity in various economies.

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The lack of consensus at the G20 meeting indicates that countries may not be able to agree on key economic issues, which can lead to uncertainty and potentially impact global trade. However, the draft's call to eliminate structural excess capacity may be a

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