In a move seen as a turning point at the recent G20 summit, member countries agreed to adopt a commitment to limit non-market policies, aiming to create a more level playing field in global trade. However, China is reported to have not participated in this collective agreement.
According to observers, the consensus reflects growing concern among major economies over state intervention in markets, which can distort competition and affect international trade flows. Participating countries pledged to promote more market-oriented principles and transparency in economic activities.
China's decision to stay out of the agreement has sparked speculation about differences in economic management approaches between Beijing and other members. This is seen as one of the most contentious topics at this year's summit, as countries strive to restructure supply chains and mitigate risks from subsidy or protectionist policies.
Analysts suggest that this development could impact upcoming bilateral and multilateral trade negotiations. Several G20 members have also expressed hope for continued dialogue to narrow differences and move toward a more stable and sustainable global trading system.
