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Wednesday, September 18, 2024

China’s foreign minister says trying to cut off his country from trade would be a historic mistake

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MUNICH (AP) – China’s foreign minister told a gathering of international security policymakers on Saturday that trying to cut China out of trade in the name of avoiding dependence would be a historic mistake.

Wang Yi spoke at the Munich Security Conference.Host country Germany wants avoid over-dependence It will step up trade with an increasingly assertive China and diversify its supply of key goods in an approach it calls “risk aversion.” This is in line with the approach of other developed countries in the G7, which have stressed that they have no intention of harming China or hindering its development.

Beijing criticized strategy.

“Today…more people realize that lack of cooperation is the biggest risk,” Wang said through an interpreter. “Those who try to shut out China in the name of risk aversion will make a historic mistake.”

“The world economy is like a big ocean and you can’t carve out an isolated lake,” he added. “We cannot reverse the trend of economic globalization. We need to work together to make globalization more universally beneficial and inclusive.”

Wang also reiterated China’s opposition to China’s suspicions. forced labor The western Xinjiang region is accused of running labor migration programs that force Uyghurs and other Turkic minorities to work in factories as part of a years-long campaign of assimilation and mass detention.

He complained of “fabricated information by various parties” and claimed the goal was “to prevent China’s development.”





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