Treasury Sec. Bessent calls out China, World Bank, IMF in speech on global economy

'Unsustainable': US treasury sec calls Chinese export-driven model harmful - The Times of India

US Treasury Secretary Scott Bessent criticized China's export-driven economic model as unsustainable, harming both China and the global economy. He defended President Trump's tariffs as a means to foster deeper collaboration and address policy choices that have weakened US manufacturing.

Treasury Sec. Bessent calls out China, World Bank, IMF in speech on global economy

"China needs to change," Treasury Department chief Scott Bessent told the Institute of International Finance in Washington, D.C.