Issues at China’s G20 summit

The Hangzhou summit plans to lay out a strategy for global growth, but talks are likely to be overshadowed by Beijing’s claims in the South China Sea and China’s attitude on protectionism

Beijing
CHINA
Hangzhou
TAIWAN
PHILIPPINES
MONGOLIA
JAPAN
SOUTH KOREA

President Xi Jinping: Hopes summit will cement China’s standing as a global power
1,600km
1,000 miles

Hangzhou Action Plan: Lay out strategy for sustainable global growth, tax transparency, and financial regulation. Propose green finance report – to grow G20 economies by additional 2% 

Finance: Australia and China likely to call for reform of international financial system

Overcapacity: U.S. claims scale and rock-bottom prices of China’s exports have suppressed wages and destroyed up to 3 million jobs. European Commission estimates job losses in EU could exceed 211,000

Tariffs: Anti-dumping measures against Chinese exports by G20 members rose 47% between 2010 and 2016. One-third targeted China’s steel shipments

China’s foreign investment: Beijing is angered by opposition in Britain and Australia over strategic Chinese investments. Australia has blocked sale of country’s biggest energy grid to Chinese bidders, UK has delayed $24 billion Chinese-invested nuclear project 

Other contentious issues: South Korea’s plans to deploy U.S.-backed advanced anti-missile system

Other contentious issues: South Korea’s plans to deploy U.S.-backed advanced anti-missile system

Japan: Beijing claims Tokyo is embroiled in South and East China Sea disputes at behest of Washington 

“Nine-dash” line: Beijing is furious that Permanent Court of Arbitration rejected Beijing’s claim to contested waters in South China Sea in July. Case was brought by Philippines, backed by U.S.

Sources: WTO, European Commission, news agencies
Picture: Associated Press