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China’s foreign minister Wang Yi, at a joint press event with his French counterpart, Stephane Sejourne, said China hoped that Europe’s de-risking policy was not targeted at specific countries.
“We are constantly relaxing market access, including promoting the flow of cross-border data,” Wang said, adding that China will do more to address French companies’ market access concerns.
Europe has been pursuing a de-risking strategy and reducing dependency on China to retain its industrial edge and competitiveness.
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Import. Reverse engineer. Clone. Repeat.
We should not let them, they will just copy our stuff!