The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared. Noting that Canada, France, Germany, Italy, Japan, the U.K., and the European Union share similar concerns, she emphasized that any action by the U.S. will be “narrowly scoped and targeted at technologies where there are clear national security implications.” Janet Yellen Calls for Coordinated Efforts to Counter China’s Economic Coercion U.S. Treasury Secretary Janet Yellen revealed at a press conference Thursday that members of the Group of Seven (G7) are discussing how to respond to China’s use of “economic coercion” against other nations. The press conference took place in Niigata, Japan, ahead of the G7 meeting of finance ministers and central bank governors, which Yellen attended. Japan holds the G7 presidency this year. Noting that the U.S. has been contemplating imposing more specific limitations on outbound inv
Official Bitcoin Latest News Blog 🗞️