Index Investing News
Tuesday, April 14, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

G7 wants ‘constructive’ China ties, calls out rights record | Politics News

by Index Investing News
May 21, 2023
in World
Reading Time: 3 mins read
A A
0
Home World
Share on FacebookShare on Twitter


Hiroshima, Japan – The Group of Seven has called for “constructive” ties with China and insisted it does not seek to block the country’s development, even while taking aim at Beijing’s rights record and territorial claims.

In their communique released on Saturday, the G7 leaders struck a balance between seeking cooperation in areas like climate change and pushing back against Beijing’s increasingly assertive posture, which has upended decades-old assumptions about the global balance of power.

The leaders of the club of wealthy democracies said they did not wish to decouple from China but recognised that economic resilience required “de-risking and diversifying”.

“Our policy approaches are not designed to harm China nor do we seek to thwart China’s economic progress and development,” the G7 leaders said.

“A growing China that plays by international rules would be of global interest.”

But the G7 — made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States — said it would respond to challenges posed by China’s “non-market policies and practices”, counter “malign practices”, and “foster resilience to economic coercion”.

The G7 also expressed concerns about Beijing’s claims in the East and South China Seas, as well as its crackdowns on freedoms in Hong Kong, Tibet and Xinjiang.

The leaders of the G7 also called on China to press Russia to end its war in Ukraine and for the peaceful resolution of tensions over Taiwan, which Beijing has threatened to reunify with the Chinese mainland by force if necessary.

Yuichi Hosoya, a professor of international politics at Keio University in Tokyo, described the statement as taking a “very balanced approached.”

“This de-risking, and not decoupling, approach is the EU’s preferred approach, and it meant that they did not take the American ‘decoupling’ policy towards China,” Hosoya told Al Jazeera.

“Even though they used some critical words towards some of China’s positions and policies, I feel they created a conclusion that can be accepted by most of the leading powers in this conference.”

China’s foreign ministry late on Saturday rejected the statement as an example of interference in its internal affairs and said it had complained to Japan, the G7 host.

Michele Geraci, a finance professor at the University of Nottingham Ningbo China who served as a senior official in Italy’s Ministry of Economic Development, said the G7 had “lost touch with the reality” and should worry more about the future of its own economies and societies.

“I would say that China’s military is becoming more aggressive once they build 750 military bases in the Mediterranean or Caribbean Sea,” Geraci told Al Jazeera, referring to the US military’s global footprint.

“In the meantime, G7 leaders are simply looking for an external enemy to blame and hide our own problems.”

Along with Russia’s war in Ukraine, China’s growing power and influence have been a major focus of attention at the three-day summit in Hiroshima, Japan, that ends on Sunday.

The gathering comes amid growing calls among Western officials for coordinated action to counter Beijing, particularly in the US, where President Joe Biden has made competition with Beijing a central pillar of his foreign policy.

Earlier this year, Bob Menendez, the Democratic chairperson of the Senate Foreign Relations Committee, called for the formation of an “economic NATO” to respond to economic coercion by countries such as China.

On Tuesday, US Ambassador to Japan Rahm Emanuel said the G7 would develop tools “to deter and defend against China’s economic intimidation and retaliation”.

Japan and European members, however, have been seen as more cautious than the US to antagonise Beijing due to their heavy dependence on Chinese trade, raising questions about how far such measures might go.

In their communique, the G7 leaders said they would launch a “Coordination Platform on Economic Coercion” to respond to economic coercion.

The initiative would increase the G7’s “collective assessment, preparedness, deterrence and response to economic coercion” and “further promote cooperation with partners beyond the G7”, the statement said, without elaborating further.



Source link

Tags: callsChinaconstructiveNewspoliticsrecordrightsTies
ShareTweetShareShare
Previous Post

Republicans damned if they do, damned if they don’t in Trump’s 2024 candidacy

Next Post

Final round of PGA presents legacy-altering opportunity for Koepka

Related Posts

New U.S. autonomous Squire Seaglider conducts test flight

New U.S. autonomous Squire Seaglider conducts test flight

by Index Investing News
April 13, 2026
0

Key PointsREGENT confirms successful ground-effect flight of its autonomous Squire defense Seaglider in the United States on April 13, 2026.Squire...

Can global supply chains recover from the Iran war? | US-Israel war on Iran

Can global supply chains recover from the Iran war? | US-Israel war on Iran

by Index Investing News
April 9, 2026
0

Conflict upends flow of critical raw materials for manufacturing, aviation and technology.The United States and Iran may have agreed to...

Artemis II crew will see total solar eclipse during moon flyby

Artemis II crew will see total solar eclipse during moon flyby

by Index Investing News
April 5, 2026
0

The crew is expected to lose contact with Earth for about 40 minutes Monday while they're behind the far side...

Protest shuts down ferry rides between Puerto Rico and Vieques, snarling travel plans

Protest shuts down ferry rides between Puerto Rico and Vieques, snarling travel plans

by Index Investing News
April 1, 2026
0

SAN JUAN, Puerto Rico -- A protest over a rate increase forced Puerto Rico’s government on Wednesday to cancel ferry...

Were 2 enough? Experts question number of air traffic controllers during LaGuardia midnight shift

Were 2 enough? Experts question number of air traffic controllers during LaGuardia midnight shift

by Index Investing News
March 28, 2026
0

Were two air traffic controllers enough?Following the deadly collision between an Air Canada jet and a fire truck on the...

Next Post
Final round of PGA presents legacy-altering opportunity for Koepka

Final round of PGA presents legacy-altering opportunity for Koepka

IPL 2023 MI vs SRH Match Preview: Venue, weather report, pace of pitch, probable Playing XI and more

IPL 2023 MI vs SRH Match Preview: Venue, weather report, pace of pitch, probable Playing XI and more

RECOMMENDED

Jennifer Garner, Paris Hilton, Extra Mobilize Efforts For LA Wildfires

Jennifer Garner, Paris Hilton, Extra Mobilize Efforts For LA Wildfires

January 11, 2025
West Ham must sign Sasa Lukic this January

West Ham must sign Sasa Lukic this January

December 30, 2022
4 Ways to Start Investing in Real Estate with NO or LOW Money

4 Ways to Start Investing in Real Estate with NO or LOW Money

April 15, 2024
Renters face charging dilemma as U.S. cities move toward EVs

Renters face charging dilemma as U.S. cities move toward EVs

October 27, 2022
US Open: Taylor Fritz beats Alexander Zverev to guide semi-final spot as Emma Navarro additionally reaches remaining 4 | Tennis Information

US Open: Taylor Fritz beats Alexander Zverev to guide semi-final spot as Emma Navarro additionally reaches remaining 4 | Tennis Information

September 3, 2024
Plymouth 1 – 1 Hull Metropolis

Plymouth 1 – 1 Hull Metropolis

August 17, 2024
El Salvador President Calls the U.S. Fed Immoral, Here’s Why

El Salvador President Calls the U.S. Fed Immoral, Here’s Why

November 2, 2022
Jimmy Fallon Cheers Colorado for ‘Illegalizing’ Trump

Jimmy Fallon Cheers Colorado for ‘Illegalizing’ Trump

December 21, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In