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Trade policy: How Western developed countries position themselves against China

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Published: May 27th, 2024,
Last updated: May 30th, 2025

The finance ministers and central bank governors of the G7 before their two-day meeting.

The seven leading Western developed nations (G7) have agreed to jointly monitor China’s overcapacity and consider measures against the country’s trade policy. This is according to a statement by the G7 finance ministers and central bank governors after their meeting in Stresa, northern Italy.

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EU USA G7 Trade policy