Canada and the G7 have reasserted their intention to decrease their economic dependency on China while specifically calling on the country not to conduct “interference activities.”
The leaders gathered for their annual summit in Hiroshima, Japan put out a joint communique on Saturday that included the new language on foreign interference at Prime Minister Justin Trudeau's request.
World leaders have faced a high-stakes balancing act in Hiroshima as they look to address a raft of global worries demanding urgent attention, including climate change, artificial intelligence, poverty and economic instability, nuclear proliferation and, above all, the war in Ukraine. Amid China's growing influence, the leaders said they plan to protect themselves by working together to counter economic coercion and stand against unfair practices.
“At the same time, we recognize that economic resilience requires de-risking and diversifying. We will take steps, individually and collectively, to invest in our own economic vibrancy. We will reduce excessive dependencies in our critical supply chains.”
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