But some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity. The global economy is "at a crucial juncture", Xi said, hemmed in by sluggish demand, financial market volatility and feeble trade and investment. Obama, who arrived on Saturday, held talks with Xi that ran late into the night. He urged Beijing to uphold its legal obligations in the disputed waters of the South China Sea, and stressed US commitments to its regional allies. Xi said China would continue to safeguard its sovereignty and maritime rights in the South China Sea.

Source: bd News24 September 04, 2016 10:41 UTC