News & Insights Across Asia
Chinese Ambassador to the US Xie Feng warns that decoupling from China would be like “shooting oneself in the foot,” emphasizing the importance of economic cooperation at an event in Chicago.
Legislative moves by the U.S. Congress to reduce dependency on China could harm American industries and consumers, leading to delays in innovation and higher costs.
Rio Tinto Chairman Dominic Barton calls the idea of decoupling global economies ‘ridiculous,’ emphasizing the importance of the global supply chain in driving growth and reducing poverty.
German Chancellor Olaf Scholz visits China from April 14 to 16 for the second time since 2022. Amid decoupling debates, this visit could shape the future of China-Germany relations.
U.S. Treasury Secretary Janet Yellen, during her visit to Beijing, reaffirmed the U.S. commitment to strong economic ties with China, explicitly stating that the U.S. does not seek to decouple from China.
At the World Economic Forum, European Commission President Ursula von der Leyen stated that the EU does not intend to decouple from China, emphasizing the importance of continued cooperation.