Free Trial

Biden's G7 Alliance on China to Fail: Times

CHINA PRESS
MNI (Sydney)

Any attempt by U.S. President Joe Biden to align G7 countries against China would not succeed as the alliance lacks solid common ground and the member states were not likely to change their positions on economic and currency cooperation with China, the Global Times reported citing Chen Fengying, a research fellow at the China Institutes of Contemporary International Relations. The state tabloid reported the comments ahead of a G7 virtual meeting on Friday. China has voiced opposition to group politics based on ideological divides, and advocated that global affairs should be collectively managed by different nations, the newspaper said citing the Chinese foreign ministry.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.