In show of unity, G7 slams China's trade practices

China's engagement in the global system of commerce was roundly criticized by

Group of Seven

finance chiefs in a show of unity accompanied by a threat of further escalation.
The club of rich-world ministers and central bankers concluded its gathering in the Italian lakeside town of Stresa on Saturday with a communique that cited the world's second-biggest economy by name and accused the country of hurting the economies of its trade partners.

"While reaffirming our interest in a balanced and reciprocal collaboration, we express concerns about China's comprehensive use of non-market policies and practices that undermines our workers, industries, and

economic resilience

," they said. "We will continue to monitor the potential negative impacts of overcapacity and will consider taking steps to ensure a level playing field."
Those words of warning followed the

Biden administration

's announcement to reimpose

tariffs

on hundreds of goods imported from China. The escalation in rhetoric could just be the prelude to further tensions if Trump regains the White House in US elections.