India, March 9 -- China on Sunday rejected the G2 concept of global co-governance between Beijing and Washington, saying that managing international affairs requires the collective efforts of all nations.

Last year, US President Donald Trump described the meeting with his Chinese counterpart Xi Jinping in South Korea as a "G2 meeting", saying the two countries could work together for their benefit and that of the world.

Asked whether China will accept the G2 or Group of Two framework to address global challenges, Foreign Minister Wang Yi said Beijing does not agree with the logic of co-governance by major powers.

China will not tread the old path of "seeking hegemony when one becomes strong", Wang said during his annual press conferenc...