Finance chiefs of the Group of Seven countries are expected to reiterate their confidence in global financial stability on Saturday despite digital bank runs an
G7: Japanese PM Kishida, his counterparts eyeing separate statement focusing on economic coercion theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.
Tokyo, May 14: Prime Minister of Japan Fumio Kishida and his counterparts from the Group of Seven (G7) leading democracies are seeking to issue a separate statement with language opposing economic coercion, with China in mind, said the officials familiar with the matter, as cited by Kyodo News.
The finance chiefs of the Group of Seven nations on Saturday are expected to reiterate their confidence in global financial stability despite digital bank runs and work to create more robust and resilient supply networks in light of China's ascent, as they wrap up a three-day meeting, reported Kyodo News.
Three more in-person G7 ministerial gatherings are being held across Japan this weekend ahead of the G7 summit in Hiroshima from May 19-21. As finance ministers and central bank governors wrap up their three-day gathering in Niigata Saturday, science and technology ministers are meeting in Sendai, Miyagi Prefecture, until Sunday; education ministers are…