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Business Matters: China is the focus on the second day of G7 summit

China is the focus on the second day of G7 summit

20/05/2023 GMT

BBC World Service - Business Matters, China is the focus on the second day of G7 summit

The G7 leaders are meeting in Hiroshima and China will be the centre of their discussion

The G7 leaders are meeting in Hiroshima in Japan and China will be the centre of their discussion on the second day of the summit.

It's day two of the G7 summit, and the leaders of the group of major developed economies are in the Japanese city of Hiroshima. So far the focus of their talks has been Russia and Ukraine - today there is another major issue on the table – China. 

The Indian government says it will start withdrawing its highest value currency note from circulation saying it is not widely in use. People have been asked exchange their two-thousand rupee notes (worth around twenty five dollars)  for smaller denominations by the end of September. An official from the central bank said the withdrawal would not cause any disruption to normal life or the economy.

NASA has awarded the contract to build its astronaut Moon lander to a consortium led by Blue Origin - the space company owned by Amazon founder Jeff Bezos.

(Picture: G7 leaders (left to right) Canada's Prime Minister Justin Trudeau, US President Joe Biden, European Commission President Ursula von der Leyen, Japanese Prime Minister Fumio Kishida, UK Prime Minister Rishi Sunak, French President Emmanuel Macron, European Council President Charles Michel and Italian Premier Giorgia Meloni arrive for the family photo at the Itsukushima Shrine during the G7 Summit on May 19, 2023 in Hiroshima, Japan. Source: Stefan Rousseau - Pool/Getty Images).

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