HIROSHIMA, Japan — The G7 nations have declared their intentions to decrease their dependencies on China, but their leaders say they don't plan to part ways w
HIROSHIMA, Japan — The G7 nations have declared their intentions to decrease their dependencies on China, but their leaders say they don’t plan to part ways with the world’s second largest economy.“Our policy approaches are not designed to harm China nor do we seek to thwart China’s economic progress and development. A growing China that plays by international rules would be of global interest,” the document says.
The G7 leaders’ meeting comes at a time of global uncertainty magnified by geopolitical tensions with China and Russia. Last week, Chinese Foreign Ministry spokesperson Wang Wenbin said China itself is a victim of economic coercion. Japan invited countries from the Global South to participate in this year’s summit as G7 nations aim to pull the countries away from China and Russia and to their side.
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