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 by AFP Staff Writers Elmau Castle, Germany (AFP) June 28, 2022
G7 leaders will condemn China's "distorting" international trade practices in an end-of-summit statement on Tuesday, a senior US official said. "You'll see leaders release a collective statement, which is unprecedented in the context of the G7, acknowledging the harms caused by China's non-transparent, market distorting, industrial directives," the official told reporters. "The leaders will commit to working together to develop a coordinated approach to remedy China's non-market practices to help ensure a level playing field for businesses and workers," the official said. Leaders will also criticise China's practice of locking poorer countries in "debt traps", which is a "first" for the G7, the official said. In addition, they will "commit to accelerate progress to tackle forced labour" with the goal of "removing all forms of forced labour from global supply chains".
Hong Kong's history: From backwater to trading metropolis Hong Kong (AFP) June 28, 2022 Modern-day Hong Kong is best known for its sprawl of skyscrapers and role as a bustling financial hub and regional trade conduit off the southern coast of mainland China. But the territory was once a quiet backwater of rural hamlets and fishing communities, where mountainous terrain dominated sparse human settlement. Twenty-five years since the city was handed back to China by colonial power Britain, here are key points in its evolution: - Ancient history - Remnants of burial grounds an ... read more
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