News Snapshot:
Cold War II is worsening. The G7 summit held in Italy ended with a stiff warning aimed at China over its alleged role in “enabling" Russia’s war in Ukraine by means of dual-use tech transfers, a charge Beijing denied. The G7 waved a threat of further sanctions against Chinese entities seen as weakening Western efforts to contain Moscow, whose access to chips the US is trying to clamp. The West is also reinforcing what critics call a “bamboo curtain" on trade with China. The G7’s joint statement accused the latter of “persistent industrial targeting and comprehensive non-market policies and practices...