Decoupling from Beijing ‘an illusion’, says French finance minister FMTNews FMTWorld
French finance minister Bruno Le Maire said France was totally opposed to the idea of decoupling.
“We are totally opposed to the idea of decoupling. Decoupling is an illusion,” finance minister Bruno Le Maire told reporters at the French embassy. Le Maire nonetheless defended France’s ambition to become more economically independent in certain sectors. But, he added, the concept of de-risking, which has become a byword in the West in recent months, “does not mean that China is a risk”.
Le Maire’s remarks come as some western countries seek to reduce their economic dependence on China, particularly Germany, which counts the Asian country as its top trading partner and an important market for its automotive industry.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China issues red alert for torrential rain in Beijing | The Malaysian InsightChina issues red alert for torrential rain in Beijing
Read more »
Beijing hopes France can help take heat out of EU-China relationsBeijing hopes France can help take heat out of EU-China relations FMTNews FMTWorld
Read more »
Kim vows to boost cooperation with Beijing to ‘new high’North Korean leader says the two allies should ‘develop their friendship’ further.
Read more »
French economy surprises with 0.5% Q2 growth | The Malaysian InsightStrong showing is despite fall in household consumption.
Read more »
Possible Chinese malware in US systems a ‘ticking time bomb’ | The Malaysian InsightIt gives Beijing army potential ability to disrupt Washington’s military ops.
Read more »
Germany warns of spying ‘risks’ with some China students | The Malaysian InsightEducation minister says Beijing systemic rival in domain of science, research.
Read more »