Chinese Premier Li Qiang slams efforts in the West to 'de-risk' their economies as a 'false proposition', hitting back against US and EU policy aimed at reducing their reliance on China
This week's meeting of the World Economic Forum in the port city of Tianjin - known colloquially as the "Summer Davos" - is the first of its kind after a three-year hiatus caused by the Covid pandemic.The Chinese PM made his remarks to the audience at the World Economic Forum,, which is being attended by leaders from New Zealand, Mongolia, Vietnam and Barbados, as well as a large delegation from Saudi Arabia.
"In the West, some people are hyping up what is called 'cutting reliance and de-risking'," Li told delegates at the opening of a World Economic Forum on Tuesday meeting in northern China. The United States and the European Union have in recent months moved to"de-risk" from the world's second-largest economy.
And President Joe Biden has kept former leader Donald Trump's hard line on China, and in some areas gone further, including banning exports of high-end semiconductors to the rising power.
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