HIROSHIMA, Japan—Economic security will be a major focus on the second day of the Group of Seven (G-7) summit in Hiroshima, with leaders outlining actions to counter Beijing’s “economic coercion” without decoupling from China.
The G-7 countries—the United States, the U.K., Japan, Canada, Germany, France, and Italy—are expected to announce “a common set of tools” to confront China’s efforts, national security advisor Jake Sullivan told reporters on May 19 on the sidelines of the G-7 Summit.
“These economic security tools will include steps to build resilience in our supply chains. They will also include steps to protect sensitive technology like export controls and outbound investment measures,” Sullivan said….