G-7 Leaders Expected to Take Aim at Chinese ‘Economic Coercion’

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G-7 Leaders Expected to Take Aim at Chinese ‘Economic Coercion’
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The G-7 countries are expected to issue a joint statement rejecting use of economic retaliation against nations over policy disputes and other disagreements

Canada’s Chrystia Freeland, in glasses, was among the G-7 finance ministers meeting in Niigata, Japan, last week.The U.S. and its allies are poised to increase pressure on China at this week’s Group of Seven summit in Japan, with an expected joint statement rejecting use of economic retaliation against nations over policy disputes and other disagreements, according to people familiar with the situation.

The anticipated statement isn’t expected to mention any country by name, the people said, but comes as concerns mount among the U.S. and its allies over Beijing’s increasing use of what its critics call “economic coercion” to show its displeasure with other countries.

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