Ukraine’s Volodymyr Zelensky was the undisputed star of the G7. But the summit’s focus remained firmly on China
Japan’s ambassador in Beijing for a dressing down. Professor Wang Yiwei, director of the Institute of International Affairs at Beijing’s Renmin University, tells TIME that Washington has recast the G7 from an economic into an “ideological” grouping hellbent on “restricting China from catching up with the U.S. in the global value chain.”
At a press conference on Sunday, U.S. President Joe Biden said the G7’s objective is not to “decouple” from China but to “de-risk and diversify our relationship.” The tech sector is a key battlefield between the world’s top two economies. Washington has already blacklisted dozens of Chinese tech firms, impeding the flow of sophisticated processors and banned its citizens from assisting China to develop sensitive industries like semiconductors. On Wednesday, Montana became the first U.S.
It is unclear whether Western efforts to stymie China’s technological development will be effective. Keyu Jin, an associate professor at the London School of Economics and author of, tells TIME that while squeezing China’s supply chains may have short-term benefits, it could be counterproductive in the long-term.
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