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China urges G7 to follow market economy and int'l trade rules: spokesman

China

China urges G7 to follow market economy and int'l trade rules: spokesman
China

China

China urges G7 to follow market economy and int'l trade rules: spokesman

2026-06-18 16:52 Last Updated At:20:07

China urges the Group of Seven (G7) to adhere to the principles of market economy and international trade rules, Foreign Ministry spokesman Lin Jian said on Thursday.

Lin made the remarks at a press briefing in response to a G7 statement that focused on reducing reliance on any single supplier of critical minerals, a move widely seen as a call to cut dependencies on China.

"On keeping the global industrial and supply chains of critical minerals safe and stable, China's position has not changed. All parties have the responsibility to play a constructive role for this end. China's standardization and refinement of its export control system is consistent with international practice and is taken to better safeguard world peace and regional stability, and to fulfill China's non-proliferation and other international obligations. We urge the G7 to earnestly observe the principles of market economy and international trade rules, and stop disrupting the international trade order with the self-made rules of a small group," said Lin.

China urges G7 to follow market economy and int'l trade rules: spokesman

China urges G7 to follow market economy and int'l trade rules: spokesman

Tokyo stocks ended higher Thursday, with the Nikkei stock index closing above 71,000 for the first time.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 1,151.24 points, or 1.65 percent, from Wednesday at 71,053.49, after hitting a record intraday high of 71,398.58.

The broader Topix index, meanwhile, finished 54.95 points, or 1.37 percent, higher at 4,068.18, also marking both record intraday and closing highs.

Tokyo stocks rallied after U.S. President Donald Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding aimed at ending their countries' conflict, analysts said.

The benchmark Nikkei was also lifted by technology issues following rises in U.S. semiconductor-related shares.

Tokyo stocks rise sharply as U.S., Iran sign MoU

Tokyo stocks rise sharply as U.S., Iran sign MoU

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