G7 leaders unite against China's economic coercion and Russia's sanctions.

The Group of Seven (G7) countries issued a statement reflecting a broad convergence of the US, Europe, and Japan on a need to change tack on China's stances on Russia, Taiwan, trade bullying, economic monopoly, and domestic interference. The statement called on China to press Russia to stop its military aggression and withdraw its troops from Ukraine. The G7 countries launched a new "coordination platform on economic coercion" to increase their collective assessment, preparedness, deterrence, and response to economic coercion. They also vow to deliver the goal of mobilizing up to $600 billion in financing for quality infrastructure through the Partnership for Global Infrastructure Investment, a rival to China's Belt and Road initiative.