Analysis-G7's nuanced pledge to 'de-risk' from China reflected concerns from Europe and Japan

FILE PHOTO: Ukrainian President Volodymyr Zelenskiy, U.S. President Joe Biden, Germany's Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak, European Commission President Ursula von der Leyen, President of the European Council Charles Michel, Italy's Prime Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron and Japan's Prime Minister Fumio Kishida attend a working session on Ukraine at the G7 leaders' summit in Hiroshima, western Japan May 21, 2023, in this handout photo released by Ministry of Foreign Affairs of Japan. Ministry of Foreign Affairs of Japan/HANDOUT via REUTERS

The leaders of the Group of Seven (G7) rich democracies this weekend pledged to "de-risk" without "decoupling" from China, an approach that reflected European and Japanese concerns about pushing Beijing too hard, officials and experts said.

U.S. President Joe Biden and other G7 leaders wrapped up a three-day summit in the Japanese city of Hiroshima on Sunday where they took aim at China over "economic coercion" and said they would reduce exposure to the world's second-largest economy in everything from chips to minerals.