ELMAU CASTLE (Germany) • Group of Seven (G-7) leaders yesterday condemned China’s “non-transparent and market-distorting” international trade practices in an end-ofsummit statement that hit out directly at Beijing for the first time.
The closing communique, which followed a three-day summit in the Bavarian Alps, came hours before the leaders join a larger group of their counterparts at a Nato summit in Madrid.
There, the 30-member alliance is also poised to toughen its stance against Beijing in an update of its “strategic concept”.
The Chinese section of the G-7 communique, highlighted by the United States, referred to China’s “non-transparent and market-distorting interventions” and other forms of economic and industrial directives.
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