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The Economic Times
The Economic Times
National

US 'severely disappointed' in lack of G20 consensus on overproduction

Washington: The US G20 presidency is "severely disappointed" that some members rejected a statement this week for action against excess industrial capacity, a criticism commonly aimed at China, according to a statement made public Friday.

The United States holds the rotating presidency of the Group of 20 major economies this year, a grouping that also includes China, India, France, Germany and Japan.

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