The 49th G-7 summit kicked off on Friday in Hiroshima, Japan, and Russia’s war in Ukraine was at the top of the agenda. The bloc unveiled new measures to further restrict Russian access to their countries’ economies, including stricter export controls on Russian oil and gas, transportation efforts, and aircraft …

Not so long ago, political analysts were speaking of the “G-2” — that is, of a potential working alliance between the United States and China aimed at managing global problems for their mutual benefit. Such a collaborative twosome was seen as potentially even more powerful than the G-7 group of …

In recent decades, the engine of the world economy has been the spectacular growth of China. From 1980 to 2020, fully one-quarter of the increase in global GDP was due to China’s growth, outstripping the contributions of the United States (22 percent), the European Union (12 percent), and Japan (4 …