AsianFin -- At the opening of a G-7 finance ministers’ meeting in Banff, Alberta on Tuesday, Canadian Industry Minister François-Philippe Champagne said the group’s agenda would focus on coordinated efforts to address global overcapacity and non-market practices—issues increasingly linked to China’s export strategies.

Champagne noted that discussions will include further steps to counter oversupply from China, particularly in sectors where leading democracies allege unfair trade practices.

Chinese online retailers such as Temu and Shein have come under scrutiny for flooding foreign markets with ultra-low-cost goods. The U.S. has already taken steps to curb this flow. Former President Donald Trump previously targeted such shipments by removing the “de minimis” tariff exemption, which had allowed small packages under a certain value to enter the country duty-free. The move marked a significant shift in trade policy, directly impacting the cross-border e-commerce model that helped fuel the rapid rise of platforms like Shein and Temu.