Xi rejected suggestions Beijing might respond to U.S. sanctions on its fledgling technology companies by trying to separate their industries from global trading partners. China’s President Xi Jinping on Thursday spurned suggestions that his country might decouple or separate itself from the U.S. and other trading partners, amid tension with Washington and Europe over technology and security. Xi rejected suggestions Beijing might respond to U.S. sanctions on its fledgling technology companies by trying to separate their industries from global trading partners. We will never go back in history by seeking to decouple or forming a ‘small circle’ to keep others out,” Xi said. It says little about trade in services and access for companies to operate in each other’s economies, which the United States and other developed countries want.

Source: The Hindu November 19, 2020 06:56 UTC