THE WALL STREET JOURNAL: China Actions on Trade, Markets Appear Aimed at G-20 Concerns

09/02/2016

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September 2, 2016 | BY JAMES T. AREDDY

HANGZHOU, China—Since the 1950s, a set of smokestacks rising out of a north China desert represented the nation’s industrial muscle. Days before President Xi Jinpinggreets leaders of the world’s most powerful nations, workers began dismantling the blast-furnace.

The summit gives Mr. Xi a global stage to influence international policy, though only so far as he can convince Group of 20 leaders he is spearheading change at home. Ahead of the meeting, which starts Sunday in Hangzhou, China has announced several actions on markets, trade and investment that appear aimed at addressing, albeit in minor ways, foreign concerns about its economic policies.

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