Why China, EU should jointly resist US’ decoupling push

Chinese State Councilor and Foreign Minister Wang Yi on Wednesday had a virtual meeting with German Foreign Minister Heiko Maas and they reached consensus on opposing economic decoupling.

As the US is busy trying to coerce allies to decouple from China, the German Foreign Minister’s comment on decoupling reflects European countries’ real opinion on the US’ political maneuver to preserve its hegemony.

Germany and other European countries are fully aware that the US’ decoupling push is against market principles and economic laws.

China’s vast market is of great significance to the German car industry, and the two sides still have broad prospects for cooperation in electric vehicles and related fields.

The attempt to restructure the industrial chain pushed by the US is only to serve the interests of American companies.

But at this critical juncture, the EU should avoid being hijacked by the US-led small clique and imposing arbitrary unilateral sanctions based on false information.

China and the EU share common grounds on this issue, with both supporting expansion of accessibility and supply of vaccines as a global public good.

As for the industrial chain issue, the EU is very clear that the manufacturing sectors of some member states are already lagging behind, and that it is unrealistic to completely pull the industrial chain back to the EU.

US anti-China politicians’ egregious decoupling approach undermines global industrial and value chains, and damages the interests of all parties.

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