Knowledge Tree
Relations (1)
cross_type 3.17 — strongly supporting 8 facts
China and the G7 are geopolitical counterparts engaged in competition over the 'rules-based order' [1] and economic influence within global institutions like the IMF and World Bank {fact:3, fact:8}. Their relationship is further defined by China's efforts to build counterweights to the G7 [2], specific diplomatic interactions such as Italy's participation in the Belt and Road Initiative {fact:4, fact:6}, and G7 objections to China's regional military activities [3].
Facts (8)
Sources
Strategic Rivalry between United States and China swp-berlin.org 4 facts
claimThe United States, supported by G7 states, blocked a significant expansion of China's influence in the International Monetary Fund and the World Bank.
claimThe United States, with support from G7 states, blocked a significant expansion of China's influence within the International Monetary Fund and the World Bank.
claimIn March 2019, Italy became the first G7 state to sign on to China’s Belt and Road Initiative, also known as the New Silk Road.
claimIn March 2019, Italy became the first G7 state to sign onto China's Belt and Road Initiative, subverting the desire of other European Union member states to negotiate participation in the initiative as a unified European bloc.
Talking Points: US–China Competition and the International Order usali.org 1 fact
perspectiveSahashi asserts that the competition between China and the G-7 countries centers on the configuration of the 'rules-based order,' with China advocating for a 'level one' interpretation while G-7 countries advocate for a more robust 'level ten' interpretation.
U.S.-China Relations cfr.org 1 fact
claimThe Group of Seven (G7) objected to China's military activity surrounding Taiwan, stating that the actions risked destabilizing the region.
World Trade Without the US | Cato Institute cato.org 1 fact
measurementWhile the United States conducts a larger share of its total trade with countries within its geographical region than it did in 2016, all other G7 countries and China are doing the opposite.
Advancing U.S.-China Coordination amid Strategic Competition - CSIS csis.org 1 fact
claimChina is bolstering its investment into the BRICS+ grouping as a counterweight to the G7 and is attempting to establish itself as a leader of the developing world.