G-7 communique lays out common 'de-risking' path on China

May 20, 2023 11:35

HIROSHIMA, Japan -- The leaders of the Group of Seven nations issued a communique Saturday that included a nine-point approach to reducing risks posed by China while maintaining members' economic ties.

The communique stipulates the need to de-risk, but not decouple, from 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," the communique says. "A growing China that plays by international rules would be of global interest."

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