G-7’s ‘De-Risk, Not Decouple’ Approach to China Is Three Pronged: Experts

Putting the brakes on China's industrial upgrade

(L-R) Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, U.S. President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak, and European Commission President Ursula von der Leyen participate in a family photo with G7 leaders before their working lunch meeting on economic security at the Grand Prince Hotel in Hiroshima, Japan, on May 20, 2023. Jonathan Ernst/Pool/AFP via Getty Images

A communiqué issued at the Group of Seven (G-7) summit in Hiroshima, Japan, says G-7 members are seeking to “de-risk” rather than “decouple” from China on economic issues.

China experts say the statement encompasses a three-pronged approach that will make it difficult for China to upgrade its industries.