US-China conflict may be central at G20 summit

BEIJING - G20 finance ministers are unlikely to reach agreement on a proposal by the United States to limit trade imbalances, economists have predicted.

And possible disagreements could impact the settlement of currency issues and cause tensions at the upcoming G20 Seoul Summit - where conflicts between the US and China are expected to take center stage, they said.

Finance ministers and central bankers from the G20 members met on Friday in Gyeongju, Republic of Korea. The two-day meeting will focus on coordination of currency issues and trade imbalances. The meeting is meant to pave the way for the meeting of world leaders at the G20 summit at the beginning of next month.