G7 leaders criticise China's industrial overcapacity in draft statement
Day two of the G7 summit in Italy is underway, as leaders turn their attention to simmering tensions with China. According to a draft statement, the Group of Seven nations have vowed to "take action" to address what they described as "unfair" business practices by Beijing. The bloc said it's not trying to thwart China's economic development as it seeks to avoid an outright trade war with the world's second-biggest economy. Giles Gibson reports from Bari, Italy.
Day two of the G7 summit in Italy is underway, as leaders turn their attention to simmering tensions with China. According to a draft statement, the Group of Seven nations have vowed to "take action" to address what they described as "unfair" business practices by Beijing. The bloc said it's not trying to thwart China's economic development as it seeks to avoid an outright trade war with the world's second-biggest economy. Giles Gibson reports from Bari, Italy.
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