The heads of government of the G7 countries meet in Hiroshima, Japan for their annual consultations.
(Photo: dpa)
Hiroshima A look at the agenda for the second day of the G7 summit in Hiroshima shows how much the balance of power in the world has shifted. For the first time in the history of the G7, a session on economic security was on the agenda.
Or to put it less awkwardly: For the first time, the G7 negotiated a joint China strategy and a regulatory framework for the fragmented global economy in the 21st century.
Dealing with the second largest economy was the big topic in Hiroshima, along with the spontaneous visit of the Ukrainian President Volodymyr Zelensky. Never before has China been so much the focus of a G7 meeting.
And the summit in Japan may indeed mark a turning point in West China policy. For example, the G7 passed a joint declaration against economic coercion for the first time, the clear addressee of which is China – even if the People’s Republic is not named.
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