×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Read on the App

China's rising clout spotlighted at finance chief meetings before G7 Summit

Honduras Foreign Minister Eduardo Enrique Reina Garcia, left, and Chinese Foreign Minister Qin Gang, raise a toast following the establishment of diplomatic relations between the two countries, at a ceremony in Beijing, March 26, 2023. [AP Photo]

The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but left signs the world's second-largest economy will loom large at this week's summit in Hiroshima.

Efforts to grapple with China's growing global presence were evident at the three-day G7 finance chiefs' gathering in Niigata, Japan, during which they held their first outreach in 14 years, aimed at winning over emerging nations.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in