Bessent says China's $1 trillion surpluses are unsustainable
businessmacroeconomicsworldchina 6 posts · 4 accounts
Treasury Secretary Scott Bessent said China's huge external surpluses and broader global imbalances are the biggest macro risk, sharpening Washington's criticism of Beijing's trade position.
From the sources (6 posts)
@firstsquawkBESENT: WORLD 'CANNOT TAKE' CHINA WITH $1 TRILLION SURPLUSES
@firstsquawkBESENT: GLOBAL IMBALANCES BUILDUP IS BIGGEST RISK
@deitaoneBESSENT: WORLD 'CANNOT TAKE' CHINA WITH $1 TRLN SURPLUSES
@financialjuiceUS Treasury Secretary Bessent: The world cannot take China with $1 trln surpluses.
@financialjuiceUS Treasury Secretary Bessent: Global imbalances buildup is the biggest risk.
@reutersTreasury Secretary Bessent discusses global finance