Chinese Premier Li Qiang took full advantage of the U.S. absence at this weekend’s G20 summit in Johannesburg to shape the final communiqué in ways that aligned with Beijing’s priorities on multilateralism, debt, and, most notably, critical minerals.
Consistent with previous G20 gatherings, the joint statement at the end of the Johannesburg summit was characteristically light on specifics and instead called for broad, largely symbolic measures to ease developing countries’ debt burdens and to assist resource-rich countries in their drive to move up the critical mineral value chain.