‘Doomed to fail’: G7 pressure on China over subsidies could be ignored

The Group of 7 (G7) - Canada, France, Germany, Italy, Japan, Britain and the United States - are the seven major advanced economies as reported by the International Monetary Fund. Photo: APThe Group of 7 (G7) - Canada, France, Germany, Italy, Japan, Britain and the United States - are the seven major advanced economies as reported by the International Monetary Fund. Photo: AP

The Neighborhood of 7 (G7) – Canada, France, Germany, Italy, Japan, Britain and the US – are the seven predominant evolved economies as reported by the World Financial Fund. Photograph: AP

  • Trade ministers from the Neighborhood of 7 (G7) – the US, Germany, Britain, France, Canada, Italy and Japan – on Wednesday pledged collective action against “circulate industrial subsidies” without naming China instantly
  • China replied by saying it “won’t assemble any accusation” of its trade note because it “has continuously honoured its commitments” because it joined the World Trade Group (WTO) at the head of 2001

Topic |   G7

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Cissy Zhou

Up so a long way: 8: 30pm, 1 Apr, 2021

The Group of 7 (G7) - Canada, France, Germany, Italy, Japan, Britain and the United States - are the seven major advanced economies as reported by the International Monetary Fund. Photo: APThe Group of 7 (G7) - Canada, France, Germany, Italy, Japan, Britain and the United States - are the seven major advanced economies as reported by the International Monetary Fund. Photo: AP

The Neighborhood of 7 (G7) – Canada, France, Germany, Italy, Japan, Britain and the US – are the seven predominant evolved economies as reported by the World Financial Fund. Photograph: AP

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