China's growing influence takes center stage at finance meetings ahead of G7 summit.

1 min read
Source: Reuters
China's growing influence takes center stage at finance meetings ahead of G7 summit.
Photo: Reuters
TL;DR Summary

The G7 finance chiefs' meeting in Japan did not single out China as a threat in their communique, but left signs the world's second-largest economy will loom large at this week's summit in Hiroshima. The meeting with Brazil, the Comoros, India, Indonesia, Singapore and South Korea primarily tackled issues such as debt and high-level infrastructure investment, in a tacit counter to China's Belt and Road initiative, analysts say. The G7 summit will most likely have a special session on China to debate Beijing's "economic coercion" against other countries.

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