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German Gov't Source-G7 Summit Not About 'Anti-China Alliance'

G7

Wires carrying comments from an unnamed source within the German gov't ahead of the 19-21 May G7 summit in Japan. The comments appear to seek to pursue a softer line on relations between China and the G7 but talk up a hard-line approach towards Russia.

  • On China: 'Summit declaration will deal thoroughly with dealing with China, gives wide agreement on not de-coupling, but de-risking...G7 shall not be about anti-China alliance, we want to promote positive alternative project to Silk Road Initiative [Belt and Road].'
  • On debate over outbound investment screening for China: 'We don't want a broad approach but very targeted controls, our impression is that the US want this too.'
  • On Russia states that the G7 will 'raise the price on Russia for attack on Ukraine, will discuss how to prevent bypassing of sanctions....We are very critical about extraterritorial sanctions, rather [we] want to tackle bypassing of sanctions...Complete ban on all exports to Russia and defining exceptions later would not work'.
  • 'We will talk at G7 summit about how to prevent subsidies race.'

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