MUNICH: China's foreign minister told a gathering of international security policy officials on Saturday that trying to shut China out of trade in the name of avoiding dependency would be a historic mistake. Wang Yi spoke at the Munich Security Conference. Host Germany wants to avoid over-reliance on trade with an increasingly assertive China and diversify its supply of key goods in an approach it calls "de-risking." "Those who attempt to shut China out in the name of de-risking will make a historical mistake." He complained of "fabricated information from different parties" and asserted that the aim is "to stop the development of China."

Source: Manila Times February 19, 2024 04:22 UTC