Tokyo
No more economic harassment. This is the meaning of the communiqué on "security and economic resilience" published this Saturday, during the G7. The club of great powers gathered in Hiroshima thus sounds the hallali of coercive maneuvers used against economic agents, States, companies or individuals. "We will respond to anti-market policies and practices designed to increase dependencies, and we will respond to economic coercion," they said.
China, never named, is obviously targeted. First, for its tendency to lend to States for projects that do not meet basic standards or on conditions that, over time, turn out to be leonine and force borrowers to usurious amounts or to sell large assets. "When you build infrastructure in Africa, a railway for example, you have to do it by lending money on sustainable terms, that is, by making sure that your client...
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