China launched a strong criticism against the Group of Seven (G7) Summit which is currently ongoing in the United Kingdom. According to Beijing, the world has moved past the days where a carbal of so-called powerful countries solely determine the fate of the rest of the world.
“The days when global decisions were dictated by a small group of countries are long gone.” A spokesman for the Chinese embassy in London was quoted by credible media outlets to have said.
He argued further that consultation must govern the new world order. “We always believe that countries, big or small, strong or weak, poor or rich, are equals, and that world affairs should be handled through consultation by all countries.” He added.
Beijing’s criticism of the group considered to be one of the world’s most powerful came prior to the three-day summit which has already commenced in the UK, attended by leaders from the United Kingdom, the United States, Canada, Japan, France, Germany and Italy, along with representatives from the European Union.
The summit which focuses on economic and other issues has so far tabled issues surrounding China, especially its alleged meddling in the affairs of Hong Kong, the supposed arrest and detainment of people in Xinjiang Camps; an allegation China has denied.
“We will promote our values, including by calling on China to respect human rights and fundamental freedoms, especially in relation to Xinjiang and those rights, freedoms and high degree of autonomy for Hong Kong enshrined in the Sino-British Joint Declaration,” the G7 said in a communique
Apart from the focus on China, security adviser at the White House, Jake Sullivan earlier hinted that, “America is rallying the world to make big multinational corporations pay their fair share so we can invest in our middle class at home.” The move according to him will see these corporations paying up to 15% minimum global tax.
The Group of Seven (G-7) is an intergovernmental organization which consists of the world’s largest developed economies as mentioned above. The group used to be called the G8 with Russia being the eighth party until it was suspended indefinitely in 2014 for its role in the Annexation of Crimea from Ukraine.
The European Union by default wields an automatic leadership right. Leaders from these countries meet periodically to address international economic and monetary issues. The group runs a rotational system where each member takes over the presidency at a time.