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Chips at center of G-7 discussion of how to counter China's rise

Industry heads gather in Japan to give their backing to 'friend-shoring'

Japanese Prime Minister Fumio Kishida, second from left, meets with chipmaker executives in Tokyo on May 18. (Photo by Uichiro Kasai)

TOKYO -- Efforts by the U.S. and its allies to secure supplies of crucial chip technology took center stage on Thursday as world leaders and business executives gathered in Japan ahead of the Group of Seven summit.

Japan will host the G-7 summit in the western city of Hiroshima starting on Friday. Supply chain resilience, including for semiconductors, will likely be a key item on the agenda for the leaders amid a fluid geopolitical environment.

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