PanamaTimes

Sunday, Jul 06, 2025

G7 leaders issue veiled warning to China and accuse it of 'economic coercion'

G7 leaders issue veiled warning to China and accuse it of 'economic coercion'

G7 leaders issued a veiled warning to China while accusing the nation of carrying out 'economic coercion'.

The group said Beijing was using trade to bully other nations and asked the growing superpower to 'play by international rules' on Saturday.

Heads of states from the US, Japan, Germany, France, Britain, Italy and Canada met in Hiroshima, Japan, for a three-day summit this week.

The countries discussed the needto 'reduce excessive dependences (on China) in their critical supply chains'.

However, their joint statement went on to stress that the G7's policies are 'not designed to harm China nor do we seek to thwart China's economic progress and development'.

Leaders added that they still wanted to work on 'constructive and stable' relations.

China condemned the G7 for its comments, saying it felt 'strong dissatisfaction' with the allegations made against it.

The foreign ministry said: 'The G7 insisted on manipulating China-related issues, smearing and attacking China.'

G7 leaders met for a three-day summit in Hiroshima, Japan

G7 leaders visit the Itsukushima Shrine on Miyajima Island in Hatsukaichi, Japan, on Friday


The war in Ukraine took centre stage this year, with president Volodymyr Zelensky arriving on a French government plane, after a stopover in Saudi Arabia.

It was unclear whether the Ukrainian president was attending the summit until the last minute.

He rushed to join in meetings which had already started and met his fellow world leaders, including prime minister Rishi Sunak who greeted him with: 'You made it!'

On Friday, the G7 promised to 'starve' Russia of resources needed for its war in Ukraine but the details of how they plan to do this beyond existing sanctions are unclear.

Ukrainian president Volodymyr Zelenskyy arrived on a French government plane

Rishi Sunak greeted Mr Zelenskyy with: 'You made it!'


US President Joe Biden told allies he will allow Ukrainian pilots to be trained on American-made F-16 fighter jets.

This prompted Russian deputy foreign minister Alexander Grushko to issue a warning to the west.

He told the Russian state news agency Tass: 'We can see that Western countries continue to stick to an escalation scenario, which carries enormous risks for them.

'In any case, we will take it into account when making plans. We have all the necessary means to achieve our goals.'

Comments

Oh ya 2 year ago
So the world is dumping the west and now the west cries foul. A huge part of the world has decided to dump the petro dollar and the inflation this is going to cause will crush most Americans. The days of the US being the world bully are numbered. Buckle up Yankees

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
AI Raises Alarms Over Long-Term Job Security
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
OpenAI Secures Multimillion-Dollar AI Contracts with Pentagon, India, and Grab
Brazilian Congress Rejects Lula's Proposed Tax Increase on Financial Transactions
Landslide in Bello, Colombia, Results in Multiple Casualties
Papa Johns pizza surge near the Pentagon tipped off social media before Trump's decisive Iran strike
Juncker Criticizes EU Inaction on Trump Tariffs
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Sole Survivor of Air India Crash Recounts Escape
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Protests Erupt in Los Angeles with Symbolic Flag Burning
Trump Administration Issues New Travel Ban Targeting 12 Countries
Man Group Mandates Full-Time Office Return for Quantitative Analysts
JPMorgan Warns Analysts Against Accepting Future-Dated Job Offers
Builder.ai Faces Legal Scrutiny Amid Financial Misreporting Allegations
Japan Grapples with Rice Shortage Amid Soaring Prices
Goldman Sachs Reduces Risk Exposure Amid Market Volatility
HSBC Chairman Mark Tucker to Return to AIA as Non-Executive Chair
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Judge Blocks Trump's Ban on International Students at Harvard
Trump Proposes Travel Ban on 'Uncontrolled' Countries
Panama Port Owner Balances US-China Pressures
Trump Administration Accused of Obstructing Deportation Cases
Trump’s China Strategy Remains a Geopolitical Puzzle
Eurozone Inflation Falls Below ECB Target to 1.9%
Call for a New Chapter in Globalisation Emerges
Blackstone and Rivals Diverge on Private Equity Strategy
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Bangkok Ranked World's Top City for Remote Work in 2025
Denmark Increases Retirement Age to 70, Setting a European Precedent
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Escalating Trade Tensions and Market Reactions
OnlyFans Reportedly in Talks for $8 Billion Sale
JBS Gains Shareholder Approval for U.S. Stock Listing
Booz Allen Hamilton to Cut 2,500 Jobs Amid Federal Spending Reductions
Trump Signs Executive Orders to Accelerate Nuclear Energy Development
Harvard Temporarily Blocks Trump Administration's International Student Ban
Nippon Steel Forms Partnership with U.S. Steel, Headquarters to Remain in Pittsburgh
Trump Expands Tariff Threats to Apple and Samsung Devices
Oracle and OpenAI Plan $40 Billion Nvidia Chip Purchase for AI Data Center
Trump Threatens 50% Tariff on EU Goods, Markets React
×