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China calls West's economic de-risking a 'false proposition'

News Snapshot:

Chinese Premier Li Qiang slammed efforts in the West to "de-risk" their economies as a "false proposition" on Tuesday, hitting back against US and EU policy aimed at reducing their reliance on China. The United States and the European Union have in recent months moved to "de-risk" from the world's second-largest economy. "In the West, some people are hyping up what is called 'cutting reliance and de-risking'," Li told delegates at the opening of a World Economic Forum meeting in northern China. "These two concepts… are a false proposition, because the development of economic globalisation is such that the world…

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