G-7 Seeks Stable China Ties While ‘De-risking,’ Communique Says

Group of Seven leaders said they wanted “constructive and stable” relations with China even as they pushed ahead with steps to reduce dependence on Beijing for critical supply chains, according to a copy of the final communique seen by Bloomberg News. 

The leaders emphasized that they were “not decoupling or turning inwards,” saying “economic resilience requires de-risking and diversifying,” according to the statement, which was since released publicly. It said they would “push for a level playing field for our workers and companies” while fighting economic coercion and “protecting certain advanced technologies that could be used to threaten our national security without unduly limiting trade and investment.”