News Summary

• China wasn't included when major powers gathered in 1975 at a chateau outside Paris to fix the slumping global economy.
• Mao would have been the odd man out had he been at the inaugural Rambouillet summit.
• By the numbers, China would be a shoo-in if determined only by economic success.
• Analysts say admitting China into the G7 could wreck its cohesion, not only because Beijing’s authoritarian system is seen as a threat to u.s.-led Western power.