Macron leads G7 talks regarding global economic imbalances, including warnings against industrial overcapacity and involving China and the IMF.
5 reports, 5 independent
Updated Jun 18
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What happened
Macron leads G7 talks regarding global economic imbalances, including warnings against industrial overcapacity and involving China and the IMF.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Mark Carney spoke at the World Economic Forum regarding the global economic order, following his visit to Beijing.Sub-event
- Geo-economic fragmentation, geopolitical tensions, and trade barriers are impacting emerging markets and leading to the weakening of multilateral institutions.Sub-event
Europe seeks to counter China's growing trade imbalance, with Macron warning of strong measures against Beijing.1 source
- Mark Carney is participating in G7 talks led by France, where he reports on global economic imbalances alongside IMF findings.Sub-event
France hosts G7 talks where Macron addresses global economic issues, including China's overcapacity.1 source
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The entities involved
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Emmanuel Macron
president of France and Co-Prince of Andorra since 2017
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International Monetary Fund
international financial institution
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
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Mark Carney
24th prime minister of Canada since 2025
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- Macron warned that Chinese exports are overwhelming the market, leading the EU to consider tougher trade measures against imports.
- President Macron hosted the Global Convergence for Growth Summit in France, where G7 leaders discussed cooperation among major economies.
- Macron addressed the energy crisis and geopolitical threats, noting that the US-Iran conflict is driving up global energy prices.