China warns US-led G7 nations against coercive economic policy

China warns US-led G7 nations against coercive economic policy

Beijing has warned the US-led Group of Seven (G7) against a policy of economic coercion, the Chinese Foreign Ministry said in a statement on Saturday, TASS reports.

"We advise the G7 nations to refrain from plans of and involvement in [the policy of] economic coercion," the statement said. "The US is busy imposing unilateral sanctions and pursuing a so-called disengagement policy. It is they who politicize the economy, turning it into a weapon and acting like true oppressors."

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