The US Treasury Secretary reports that 19 G20 members are aligned on addressing cheap export surpluses that distort global imbalances, though China opposes the stance.

Global bond volatility is rising amid debt and inflation concerns, with Japan's 10-year yield hitting 3% for the first time since the mid-1990s, signaling investor anxiety.

European and Canadian observers express discomfort and caution over Russia's attendance, with some officials stressing that relations should not be normalized.

Global Times argues for genuine dialogue with the EU only if it adopts the right attitude, avoids coercive ultimatums, and commits to mutual respect and rules-based competition.

The piece urges the EU to listen to China’s concerns, resist malicious competition or a trade war, and keep the door to dialogue open while avoiding coercive rhetoric.

Ultimately, dialogue remains possible, but the EU must engage with balance and measured language.

EU leaders authorized von der Leyen in June to rebalance relations through dialogue and the possible use of defense tools, aiming to reduce risk without severing ties.

The plan includes the Anti-Coercion Instrument, which can restrict access to public procurement and revoke IP rights, but it requires a majority vote among EU states to be activated.

Von der Leyen emphasizes using defense instruments only if dialogue falters, seeking risk reduction rather than rupture.

Guo calls for implementing leaders’ consensus and resolving issues through equal, respectful, mutually beneficial dialogue to maintain positive momentum in trade.

Both sides should sustain positive economic ties and address concerns through constructive consultation.

The emphasis remains on equal, respectful dialogue to advance bilateral trade relations.