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China Daily / 2023-11 / 06 / Page015

De-risking hinders global economic integration

By Wu Zhicheng | China Daily | Updated: 2023-11-06 00:00
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Of late, the term "de-risking" has gained currency in the West, replacing "decoupling" to become the new buzzword among certain politicians while discussing China.

The concept of "de-risking" not only involves reducing dependence on China in supply and value chains, but also encompasses the idea of getting rid of all China-related "threats".

This has evolved into a tool that the United States has used to exert pressure and implement trade protectionism as well as counter China in political ideology.

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