China says de-risking is just decoupling in disguise

U.S. President Joe Biden and his European allies have repeatedly stressed their desire to de-risk, not decouple, from the Chinese economy in recent months as a way to explain a slew of new restrictions on trade with Beijing. Chinese state media, officials and academics have all publicly rejected the distinction in recent weeks, in a seeming concerted effort to undermine the rhetorical shift. In a commentary on de-risking on Friday, the official Xinhua News Agency said de-risking is just decoupling in disguise. In essence, de-risking is hardly different from decoupling, the agency said, adding that the U.S. has been stepping up its siege of China. This could be due to an issue with your ad-blocking or security software. jp and piano.io to your list of allowed sites. If this doesn't resolve the issue or you are unable to add the domains to your allowlist, see this FAQ. We apologize for the inconvenience.