The comments did not specifically mention China, though they appear to be directed towards Beijing. Read more at straitstimes.com.
HIROSHIMA – The United States and other rich democracies said on Saturday that countries attempting to use trade as a weapon would face “consequences”, sending a strong signal to China over practices Washington has long said amount to economic bullying.also pledged to bolster supply chains with partners, particularly for chips, batteries and minerals.
The Hiroshima summit comes as G-7 members are faced with the immense challenges posed by Russia’s invasion of Ukraine and tensions with China.in Hiroshima on Saturday, the second day of the summit, to drum up support for his country’s defence effort.
In recent years, it pressed multinationals to sever ties with Lithuania or face exclusion from the Chinese market.China’s embassy in Britain warned the G-7 countries that any words or deeds harming China’s interests would be met with “firm and resolute countermeasures”. “We do not seek to thwart China’s economic progress and development,” the leaders said in the draft, which is subject to change.
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