G7 discusses countering China's economic coercion and global economic risks.
TL;DR
US Treasury Secretary Janet Yellen said that G7 members are considering how to counter China's use of "economic coercion" against other countries. The US government has been discussing the possibility of imposing further, narrowly targeted restrictions on outbound investment to China, and has been discussing that prospect with G7 allies. The G7 is also working to mitigate geostrategic risks and counter economic coercion. Yellen said any US action would be "narrowly scoped and targeted at technologies where there are clear national security implications."
- Yellen says G7 members looking at how to counter China's 'economic coercion' Kitco NEWS
- China, US debt, Ukraine high on agenda at G7 talks in Japan CNA
- US debt standoff overshadows G7 finance leaders' meeting Reuters
- G-7 Finance Chiefs Meet in Niigata, Japan, Confronting World Economic Risks Bloomberg
- US urges 'co-ordinated action' by G7 against China's use of economic coercion Financial Times
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