SCHLOSS ELMAU, Germany: US President Joe Biden and Chinese President Xi Jinping are expected to speak in the next few weeks, US National Security Adviser Jake Sullivan said on Monday (June 27), citing growing convergence among NATO and G7 members about the challenge China poses.
The group of seven rich democracies will address China’s non-market economic practices, its approach to debt and its human rights actions in a communiqué on Tuesday, while a NATO strategic concept to be released later this week will address China on “ways unprecedented”. “, he said.
“We believe there is increasing convergence, both within the G7 and NATO, around the challenge facing China,” Sullivan told reporters at the G7 summit in southern Germany.
G7 leaders saw an “urgent need” for consultation and adaptation on issues such as China’s non-market economic practices, its practices regarding developing countries’ debt and its approach to human rights, Sullivan said.
But he said the heightened awareness of China’s actions on both the economic and security front did not mean that the West was seeking to start a new Cold War.
“We are not looking to divide the world into rival blocs and get each country to choose,” he said. “We want to stand for a set of principles that are fair to all. And we want to make sure we work with like-minded partners to hold China accountable for complying with those rules.”
The G7 leaders promised on Sunday that raise $ 600 billion in private and public funds over five years to fund necessary infrastructure in developing countries and counter China’s older Belt and Road project of several billion dollars.
Biden and other G7 leaders launched the recently renamed “Partnership for Global Infrastructure and Investment” to support projects in low- and middle-income countries that help tackle climate change as well as improve global health, gender equality and digital infrastructure.