London Daily

Focus on the big picture.
Sunday, Feb 08, 2026

No G20 Joint Statement After China Objects To Use Of "War" Over Ukraine

No G20 Joint Statement After China Objects To Use Of "War" Over Ukraine

G20 finance ministers again failed Saturday to agree a joint statement on the global economy at talks in India, after China sought to water down references to the Ukraine war.
G20 finance ministers failed Saturday to agree a joint statement on the global economy at talks in India, after China sought to water down references to the Ukraine war.

Instead current G20 president India issued a "chair's summary" which said "most members strongly condemned the war in Ukraine" and that there were "different assessments of the situation and sanctions" at the two-day meeting in Bengaluru.

A footnote said two paragraphs in the summary about the war, which it said were adapted from the G20 Bali Leaders' Declaration in November, "were agreed to by all member countries except Russia and China".

Spain's representative Nadia Calvino had said earlier that because of "less constructive" approaches by some unspecified countries at the talks among the world's top 20 economies, agreeing on a statement was "difficult".

China wanted to change the language of the declaration from November, officials told AFP, with one saying on condition of anonymity that Beijing wished to remove the word "war".

Previous meetings of G20 finance ministers and central bank chiefs have also failed to produce a common communique since Russia, a member of the grouping, invaded its neighbour last February.

Senior Indian official Ajay Seth said the Chinese and Russian representatives did not want to sign up to the wording on Ukraine because "their mandate is to deal with economic and financial issues".

"On the other hand, all the other 18 countries felt that the war has got implications for the global economy" and needed to be mentioned, Seth told a closing news conference.

China has sought to position itself as neutral on the conflict while maintaining close ties with strategic ally Russia.

State news agency Xinhua quoted top diplomat Wang Yi on Wednesday as saying China was willing to "strengthen strategic coordination" with Russia after meeting President Vladimir Putin in Moscow.

On Friday, the first anniversary of the invasion, China published a 12-point paper calling for a "political settlement" to the crisis that was met with scepticism from Ukraine's allies.

G20 host India has also refused to condemn Russia, which is New Delhi's biggest arms supplier and has become a major source of oil for India since the invasion.

Western countries -- including the United States, Germany and France -- had insisted the language in any joint statement could not be weaker than the communique issued by G20 leaders in Indonesia in November.

"This is a war. And this war has a cause, has one cause, and that is Russia and Vladimir Putin. That must be expressed clearly at this G20 finance meeting," German Finance Minister Christian Lindner told a news conference on Friday.

Debt relief

India's summary document said the global economic outlook had "modestly improved", although overall growth remains "slow" and risks persist including elevated inflation, a resurgence of the pandemic and high debts in many poorer nations.

On climate change it stressed the importance of meeting "fully as soon as possible" the commitment made by developed countries to mobilise $100 billion in climate finance annually through 2025 for poorer countries.

The gathering also focused on debt relief for poorer countries hit by rocketing inflation because of the war, amid differences between China and the West on how to provide it.

Western officials want China to take "haircuts" on loans to debt-stricken nations but Beijing says multilateral lenders including the World Bank should also do so.

India's summary said that "strengthening multilateral coordination by official bilateral and private creditors" was needed. Delegates said agreeing this wording was a success.

"In Bali last summer we discussed for three days the wording of a communique and we didn't discuss substance at all there. We did this time," one negotiator said.

International Monetary Fund chief Kristalina Georgieva called it a "very good meeting", praising the Indian presidency for focusing "on the issues that really matter" such as inflation and debt.

Other topics included efforts towards a global tax on tech giants, widening the remit of multilateral development banks such as the World Bank to help nations hit by climate change, and cryptocurrencies.
Newsletter

Related Articles

0:00
0:00
Close
UK Confirms Imminent Increase in ETA Fee to £20 as Entry Rules Tighten
UK Signals Possible Seizure of Russia-Linked ‘Shadow Fleet’ Tanker in Escalation of Sanctions Enforcement
Epstein Scandal Piles Unprecedented Pressure on UK Prime Minister Keir Starmer’s Leadership
UK’s ‘Most Romantic Village’ Celebrates Valentine’s Day and Explores the Festival’s Rich History
The Implications of Expanding Voting Rights to Non-EU Foreign Residents in France
Ghislaine Maxwell to Testify Before US Congress on February 9
Al.com Acquired by Crypto.com Founder for $70 Million
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
US and Iran to Begin Nuclear Talks in Oman
Winklevoss-Led Gemini to Slash a Quarter of Jobs and Exit European and Australian Markets
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
NASA allows astronauts to take smartphones on upcoming missions to capture special moments.
Trump administration to launch TrumpRx.gov for direct drug purchases
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Epstein Case Documents Reignite Global Scrutiny of Political and Business Elites
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
UK Royal Family Faces Intensifying Strain as Epstein-Linked Revelations Rock the Institution
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
Tech Mega-Donors Power Trump-Aligned Fundraising Surge to $429 Million Ahead of 2026 Midterms
UK Pharma Watchdog Rules Sanofi Breached Industry Code With RSV Vaccine Claims Against Pfizer
Melania Documentary Opens Modestly in UK with Mixed Global Box Office Performance
Starmer Arrives in Shanghai to Promote British Trade and Investment
Harry Styles, Anthony Joshua and Premier League Stars Among UK’s Top Taxpayers
New Epstein Files Include Images of Former Prince Andrew Kneeling Over Unidentified Woman
Starmer Urges Former Prince Andrew to Testify Before US Congress About Epstein Ties
Starmer Extends Invitation to Japan’s Prime Minister After Strategic Tokyo Talks
Skupski and Harrison Clinch Australian Open Men’s Doubles Title in Melbourne
DOJ Unveils Millions of Epstein Files, Fueling Global Scrutiny of Elite Networks
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
China Lifts Sanctions on British MPs and Peers After Starmer Xi Talks in Beijing
Trump Nominates Kevin Warsh as Fed Chair to Reorient U.S. Monetary Policy Toward Pro-Growth Interest Rates
AstraZeneca Announces £11bn China Investment After Scaling Back UK Expansion Plans
Starmer and Xi Forge Warming UK-China Ties in Beijing Amid Strategic Reset
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
U.S. Signals Potential Decertification of Canadian Aircraft as Bilateral Tensions Escalate
Former South Korean First Lady Kim Keon Hee Sentenced to 20 Months for Bribery
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
China Executes 11 Members of the Ming Clan in Cross-Border Scam Case Linked to Myanmar’s Lawkai
Trump Administration Officials Held Talks With Group Advocating Alberta’s Independence
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
Shopping Chatbots Move From Advice to Checkout as Walmart Pushes Faster Than Amazon
Starmer Seeks Economic Gains From China Visit While Navigating US Diplomatic Sensitivities
Starmer Says China Visit Will Deliver Economic Benefits as He Prepares to Meet Xi Jinping
×