HIROSHIMA, Japan : Leaders of the world's richest democracies are looking to bridge a vast gap with emerging economies by focusing on infrastructure and debt relief, officials say, part of a strategy to blunt China's influence in lower-income countries.Ukraine will again be a focus for leaders of the Grou
HIROSHIMA, Japan : Leaders of the world's richest democracies are looking to bridge a vast gap with emerging economies by focusing on infrastructure and debt relief, officials say, part of a strategy to blunt China's influence in lower-income countries.
Outreach to the"Global South" is a theme for the summit, underscoring both the rising economic importance of countries such as India and the vast inroads China has made across developing markets - building infrastructure and extending finance. The group is due to release a statement on economic security, a U.S. official said. Russia's war in Ukraine has also unduly hurt low-income countries, the G7 members say.
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