Sgt4succsess SMACIN GRACEFULL TEAM G7 finance heads vow financial stability, supply chain diversity Communique pledges greater role for low- and middle-income countries in diversifying supply chains. ADVERTISEMENT Group of Seven (G7) finance leaders have pledged to take action to maintain the stability of the global financial system after recent banking turmoil and to give low- and middle-income countries a bigger role in diversifying supply chains to make them more resilient. ADVERTISEMENT Their communique did not mention China by name but the supply-chain language fits in with “friend-shoring” efforts by industrial democracies to work with each other to become less reliant on the Asian manufacturing powerhouse for battery minerals, semiconductors and other strategic goods. ADVERTISEMENT “We commit to jointly empowering low- and middle-income countries to