G7 to rebuke 'China's economic behaviour' in final statement - SWI swissinfo.ch

2022-06-28 09:20:39 By : Ms. Emily chen

Elmau (Germany), Jun 28 (EFE).- The G7, the group of the world's most industrialized countries, will rebuke "China's economic behavior" in the final statement that will be issued this Tuesday, after three days of summit in Elmau ( Germany).This was anticipated by a high-ranking White House official in a call with journalists, where he assured that the G7 will go further with respect to China compared to the communiqué of last year's summit in Cornwall (United Kingdom)."You're going to see very similar language in this year's statement (relative to 2021) about the Indo-Pacific, including the Taiwan Strait, and about language about China, its forced labor and economic practices, debt sustainability and the Chinese role in efforts to obstruct improvement of debt sustainability for low-income countries," the source said.The official anticipated that in the final declaration of this year's meeting, the G7 leaders will acknowledge for the first time the damage caused by China's non-transparent, market-distorting industrial directives.""The leaders will commit to working together to coordinate an approach to remedying China's non-trade practices to help ensure a level playing field for businesses and workers," he noted.The US official added that for the first time the G7 will commit to "accelerating progress in tackling forced labor with the goal of eliminating all forms of forced labor from supply chains, including that sponsored by states, as occurs in Xinjiang" in China.Also, on that subject, there will be commitments on increasing transparency.The leaders of the G7 (USA, Germany, the United Kingdom, France, Italy, Japan and Canada) and the European Union culminate this Tuesday the summit they have held since Sunday in Elmau (Germany).EFEThree issues stopped through the referendums in the votes in Switzerland on May 15.� EFE 2022. The redistribution and redistribution of all or part of the contents of EFE services is expressly prohibited, without the prior and express consent of Agencia EFE SASWI swissinfo.ch - business unit of the Swiss radio and television company SRG SSRYour data is used to fill in some fields of the form.A confirmation email has been sent to your mailbox.Click on the link included in the email to activate your account.Enter your email address.You will receive a link to reset your password.An email to reset your password has been sent to your mailbox.Please click the link in the e-mail to reset your password.