G7 finance chiefs to address debt, bank risks, and global crises.

The G7 finance leaders will meet this week to discuss diversifying supply chains away from China while also seeking Beijing's cooperation in solving global debt problems. The US debt crisis, which could jolt financial markets, will overshadow the meeting. Other key themes include strengthening the global financial system, preventing Russia from circumventing sanctions, and global economic risks such as stubbornly high inflation. Japan hopes to issue a joint statement after the meeting.