G7 discusses countering China's economic coercion and global economic risks.
TL;DR Summary
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."
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- US urges 'co-ordinated action' by G7 against China's use of economic coercion Financial Times
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