G7 will align on ‘de-risk’ approach to China, says White House FMTNews FMTBusiness
G7 leaders agreed China’s status as the world’s second-largest economy necessitated efforts to foster cooperation.
Sullivan said the G7 leaders planned to outline steps to protect sensitive technology, including outbound investment measures, in their joint statement or communique. Sullivan said nothing in the G7 joint statement should come as a surprise to China, given that the concerns of G7 members were “well known” to Beijing.
He said the US expected economic engagement to continue with China, but was still working through the timing regarding planned phone calls, visits and meetings for various administration officials with their Chinese counterparts.
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