Is power shifting from G7 towards Asia and the East? | Counting the Cost
Video Overview & Insights
For nearly half a century, the Group of Seven (G7) has helped shape the global order.
They should change it's name from G-7 to G-String. It's that exposed ๐
But today's world looks very different from the one that the bloc of nations was created to lead. Economic influence is becoming more dispersed. New centres of power are emerging. And long-held assumptions are being challenged.
This week, G7 leaders meet for their annual summit in the French lakeside resort of Evian-les-Bains, as wars rage in Ukraine and the Middle East.
If China and Russia is not there...they cant control the world and thats a fact
Trade tensions are growing. Decades-long alliances are under strain. And questions are mounting about the institutions that have underpinned the post-World War II order.
#g7 #g7summit #economy #business #finance #politics #asia #globaleconomy #middleeast #ukrainewar #aljazeeraenglish
Thereโs no discussion on what they need to do for their industry and manufacturing only focus on Chinaโฆ umโฆ..enjoy the ride down hill๐
More User Perspectives
Zelensky and Von der Layen have nothing to do in G7.
@openyourmind2546Al Jazeera is still pushing the Western narrative of an evil China. What a joke. The Western countries accounted for the start of 90 wars, invasions, blockades to starve populations etc in the last 60 years and China is the Evil One? For a few lousy $,Al Jazeera is will to sell it's soul Oh, wait a minute.. Al Jazeera is a puppet media created by the West and by definition, puppets do not have souls.
@hclau218If power if the West don't get diluted, we will be heading to a WWIII. The West, especially the USA willingness to use military powers as a first option to settle disputes, that it created in the first place is really terribly disgusting.
@hclau218G7 is just US and its servants. If US can't solve a problem by itself, the G7 can't either.
@gavinf5059์บ๋๋ค๋ฅผ ์ ์ธํ๊ณ ๋ชจ๋ ์ ๊ตญ์ฃผ์ ๊ตญ๊ฐ๋ค ํ์ฌ ๋ฏธ๊ตญ์ ๋น๋กฏํด ๋ชจ๋ ๋ชฐ๋ฝ์ ๊ธธ์ ๊ฑท๊ณ ์์ง ์ ๋ ์ฐจ์ด๋ ์์ง๋ง ์ด๋ ๋น๊ฐ์ญ์ ์ธ ์ญ์ฌ์ ๋ฒ์น์ด์ง ์ง๊ธ G7์ ๋ง์ง๋ง์ด์ ์ตํ์ ๋ณด๋ฃจ๋ก ์๋ก ์งํค๋ ค ์๊ฐํ์ ์ฐ๊ณ ์์ง๋ง ๋ณธ์ธ๋ค๋ ์ ์ ๊ฒ์ด๋ค. ์ด ์ฒด์ ๊ฐ ์ผ๋ง๊ฐ์ง ๋ชปํ ๊ฒ์ด๋ผ๋ ์ฌ์ค์. ์ธ์์ ๊ธ๋ณํ๊ณ ์ด๋ฐ ๊ธฐ๊ตฌ๋ ๋๋ ์๋ฏธ๊ฐ ์์ด.
@yongbinsong9676No use anymore, and highly likely to disappear, why? because real benefits become increasingly more and more important than just a nominal value. In short, meaningless.
@yongbinsong9676The reality is that the combined industrial output of the seven major Western industrialized nations is less than that of China alone.
@zobenny8290Now that you asked that question - China's industrial output is larger than all of the G7 nations combined. There you have it. If you want more data - China's electricity generation is more than the G7 combined; China has more Top 10 seaports than the G7 combined (7); China's ocean-going commercial fleet has more tonnage than the G7 combined; ... Anymore question?
@SpikyM-m9nThe b7 .... b for bullies
@linmuxiG7 without the USA and Japan is just a talking forum. France may be the next big economy because of aircraft manufacturing. But otherwise Europe is sliding really fast. Making cheese, wine and giving free money to people will make it even more insignificant
@TravelingKroolargest economy?๐๐๐
@WhyworriePower left the G7 when Hypocrisy took up residence.
@albback8176It was surprising that the G7 invited the dude-in-skirt from endia..
Even more surprised that the G7 leaders wasn't pinching their nose when he was around
Itโs ironic that the G7 (even more so the G8) is almost the 8 nations that formed the 8 nations alliance against China in 1900: UK, France, US, Japan, Italy, Austria-Hungary, Russia, Germany. Replace Austria with Canada and throw in Russia. Voila.
@WilliamFang173The Goofy 7
@Tyga611G 7 power is clearly diminished.
@chirocket4791Double standard and hypocrisy to the the extreme.
@sianstpaul1349As a Canadian, it doesn't really matter at all. USA was the leader of this group, but now their leadership is abosolute hot garbage. Unforunately we still have to deal with them due to their physical proximity to us.
@ZenerothChina's BRI is more economically important than this so-called G7
@samuelememanka8975It's only in western economic cartel like G7 that France and UK is regarded as rich countries.
@samuelememanka8975When China exports itโs called โflooding the marketโ but when western counties do its โcompetitive exportsโ
@shogun_68They are now the Broke (B7). ๐๐๐
@natduinfoAl jazeera ki gand kyu jalii๐ ๐ ๐
@vil-dv8bc๐ G2 is Russia n China.
@seymorefact4333๐g7...meet the 7 poorest and in debt. Pay is falling behind. ๐คฉChinese goods let us survive๐คฉ. Thank you China.
@seymorefact4333Hypocrisy. Whoever said China is a problem, please throw away whatever is made in China in your home, including your iPhone. ๐
@SolarBurnThe 7 dwarfs.
@frankm6218The rich are close "allies" while they plot to divide the world... they are just better at marketing their image in the modern world.
@YoungTangG7 is dying politically and economically, a group of losers and hypocrites, absolutely no hope. Just look at each one of them, none of them are improving their people lives and making them happy. Absolutely a failure for the so called democratic country, absolutely a disaster and a joke ๐๐๐they are all going down quickly
@AZ-co4mnIt's time reversed for G7 in last 50 years and become crying babies.
@ๅพๅ ็-c3zChina, Russia, Brazil and India should be part of G7 ! Otherwise its a cabal of rowdy white people !
@swatigupta5041It has already shifted
@Greenfields-r7mChin is the elephant in the room for G7 meeting
@luting3Rich people club. Entire G7 is around 50% of Chinese population
@luting3Did you all forget about him and his vengeance and Mercy he is aGodMan HollySpirt in side him godBoned only ุงููู ูู ุงููุชูู ุงููุฒูู!ุ
@MohamedArtimAHi Mo hello Mohamed โจ๐โจ
@MohamedArtimA350 billion dollar deficit means China owns Europe
@djdammeliveTrump is of European descent then why so much animosity towards Europe???
@djdammeliveTRUMP ATTACKED IRAN BESIDES TALKS AND CREATED A HORMUZ PROBLEM AND TRUMP FIXES THE STRAIT PROBLEM BY GIVING IRAN BILLION OF DOLLARS AND COME BACKS TO TALKS ...
@shazygotnochillsThe declining 7 summit
@hb.raafayRussia is holding Asean summit at Kazan 17th - 19th june๐ Trump & EU will scratching each other๐๐ ๐
@sathitkumar4549Fking hate starmers face souch a loser.
@ToneyCrimson้็็ฌฌไธไธ็ๅฝๅฎถ็ๅด่ตท๏ผๆ็ป่ฅฟๆนไธ็ไผ่ขซๅญค็ซ๏ผๅฆๆไปไปฌไธๆฅๅๅๆฅๆฑๅคๆๅไธ็็่ฏ
@hjx-k3gG7 is history! Italy and Canada are already not among the top seven economies in the world! Meanwhile, China and India, which are number two and four respectively, are not in the Group!
@maikeirini4631Between 1975 and 2025, the G7's share of global GDP plummeted from nearly 70% to around 45%, while its global industrial output share dropped from over 60% to roughly 30%. In stark contrast, China's share of global GDP surged from under 3% to approximately 20%, and its industrial output skyrocketed to about 35%, surpassing the combined total of the G7.
@yongxia9535I can't understand why Japan doing they. They are different colour๐๐๐
@keungpang2176g5+G2
@MarvinChenFantasy