The United States is trying to reduce China’s advantages in new energy industries, researcher says.

Janet Yellen expected to restate American call for firms and financial institutions in China and elsewhere to ‘cease’ backing Moscow’s defence complex.

Washington is concerned that Chinese government support is leading to more production capacity than global markets can absorb, driving cheap exports and stifling growth elsewhere.

G7 ministers said on Tuesday that efforts to raise money to help poorer countries adapt to climate change should include countries “capable of contributing”, in a message aimed at China.

At a G7 foreign ministers meeting in Italy, a US official said China is ‘contributing to Russia’s ability to prosecute’ the Ukraine war in ways that threaten all of Europe.

US Treasury Secretary’s meetings to include talks with China on ‘balanced growth’, a new dialogue to address China’s excess industrial capacity for EVs, solar panels and other clean energy goods.

Iran launched the attack, its first ever to directly target Israeli territory, in retaliation for a deadly air strike widely blamed on Israel that destroyed its consular building in Syria’s capital early this month.

Among the steps that have been discussed is ending national airline Iran Air’s flights to Europe.

Former Belgian PM should leave office in November but will leave early to stand in the European parliament elections to be held in June. Hungary’s PM Viktor Orban could take job temporarily.

After threats, missiles, fighter jets, charm offensives, temporary blockades, trade restrictions and cyber campaigns, the mainland might expand its playbook even further.

Body representing most of world’s largest economies tells Beijing that playing by international rules ‘would be of global interest’.

Move by Rome follows campaign pledge by new Italian PM Meloni, who has been critical of Beijing, leaving only non-G7 EU members in China’s infrastructure programme.

Beijing sends out officials to counter this ‘peak status’ perception, acknowledging short-term problems but framing long-term economic growth as inexorable.

Readers discuss embracing a painful part of the city’s – and the nation’s – history, the G7’s criticism of Chinese curbs on Japanese seafood, and the Hong Kong Consumer Council’s effective handling of a complaint.

China is taking steps to ‘future-proof’ the financing of its transcontinental infrastructure projects, according to the research lab AidData.

Top Japanese diplomat Okada Kenichi says it’s ‘heartbreaking’ to hear Japanese businesses in Hong Kong say sales have dropped ‘because of rumours’.

G7 countries will on Monday agree to a code of conduct for companies developing advanced AI systems, as governments seek to mitigate the risks and potential misuse of the technology.

G7 countries have called for an “immediate repeal” of import curbs on Japanese food products, in reference to China’s restrictions.

Representatives of AI companies and political leaders will meet at Bletchley Park in England next week. Sunak said China had been invited to the summit but attendance was not guaranteed.

Japan is being cautious about its approach given its ties in the Middle East, but analysts say it has ‘important diplomatic roles’ in facilitating efforts to ease tensions.

Despite a cornerstone metals deal proving elusive at their Washington meeting, the allies agree Beijing is distorting the global steel market.

Washington pushing Brussels to slap 25 per cent tariff on steel products from non-market economies, shorthand for Beijing.