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.

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    89 months ago

    They are obsessed with their status but the reality is that the US’s proposed “decoupling” can be healthy for both sides, including China, in the long run.

    You have suffocated yourself with the obsession of manufacturing stuff for the world for too long. It is time to move on to the next stage like Western Europe, diversify into services and focus on building high quality of life for everyone.