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China warns US-led G7 nations against coercive economic policy — Foreign Ministry

"The US is busy imposing unilateral sanctions and pursuing a so-called disengagement policy," Chinese Foreign Ministry poiunts out

BEIJING, May 20. /TASS/. Beijing has warned the US-led Group of Seven (G7) against a policy of economic coercion, the Chinese Foreign Ministry said in a statement on Saturday.

"We urge the G7 not to become an accomplice in economic coercion," the statement said. "As for ‘economic coercion’, the massive unilateral sanctions and acts of ‘decoupling’ and disrupting industrial and supply chains make the US the real coercer that politicizes and weaponizes economic and trade relations."

The statement emphasizes that "gone are the days when a handful of Western countries can just willfully meddle in other countries’ internal affairs and manipulate global affairs."

"We urge G7 members to catch up with the trend of the times, <…> stop containing and bludgeoning other countries," the statement said.

As the G7 presidency in 2023, Japan is hosting the G7 summit in Hiroshima on May 19-21.