G7 warns of China's support for Russia as security threat
Financial Times — June 14, 2024, 12:00 PM UTC
Summary: G7 leaders warn of China's support for Russia as a "long-term threat" to European security. Bilateral trade between China and Russia reached $240bn in 2023, up 26% from 2022. The G7 discusses countering China's economic policies, including subsidies for electric vehicles and green technologies. US officials highlight concerns about Chinese overcapacity in Western markets. The G7 aims to toughen its stance on Beijing's actions.
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