China foreign minister warns against decoupling at Munich Security Conference

[Eugene]

Source: Reuters

China foreign minister warns against decoupling at Munich Security Conference

Reuters
Sat, February 17, 2024 at 8:11 AM EST·1 min read

BEIJING (Reuters) - Chinese foreign minister Wang Yi warned the West that it would be making a historical mistake if it sought to decouple from China in the interests of reducing risk.

"Whoever tries de-sinicization in the name of de-risking would be making a historical mistake," Wang said in a speech on Saturday at the Munich Security Conference.

His comments came amid calls over the last year from the United States and the European Union to reduce their dependence on China.

During a meeting with U.S. Secretary of State Antony Blinken at the conference on Friday, the Chinese foreign minister also stressed that "making 'de-risking' into 'de-China', and seeking 'decoupling from China'" will only backfire on the U.S. itself".

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Read more: https://news.yahoo.com/china-foreign-minister-warns-against-131129788.html

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Source: Associated Press

Chinese foreign minister says trying to cut his country out of trade would be a historic mistake

Updated 7:33 AM EST, February 17, 2024

MUNICH (AP) — China’s foreign minister told a gathering of international security policy officials Saturday that trying to shut China out of trade in the name of avoiding dependency would be a historic mistake.

Wang Yi spoke at the Munich Security Conference. Host Germany wants to avoid over-reliance on trade with an increasingly assertive China and diversify its supply of key goods in an approach it calls “de-risking.” That’s in line with the approach of other industrial powers in the Group of Seven, which has stressed that it doesn’t seek to harm China or thwart its development.

Beijing has criticized the strategy.

“Today ... more people have come to realize that the absence of cooperation is the biggest risk,” Wang said through an interpreter. “Those who attempt to shut China out in the name of de-risking will make a historical mistake.”

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Read more: https://apnews.com/article/munich-security-conference-china-trade-derisking-5353da999afa56afe9fec816e5ad9213

[Irish_Dem]

1. China wants it both ways.

China wants to make the US its enemy, ramp up its military spending for the specific purpose of fighting the west, get control of the Pacific and damage countries in the area. Directly interfere with US politics which places the US and its national security at risk.

But at the same time it wants the US to continue to pour billions of trade dollars into China.

Essentially the US is funding one of the most serious enemies we face in the 21st-century.