Beijing: Less dependence of the West on China a false concept

"In the West, some people insist on the principle that we should reduce dependence, remove risks," the Chinese premier said at the opening of the World Economic Forum in Tianjin, northern China.

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The World Economic Forum in Tianjin in the north of China, Photo: China
The World Economic Forum in Tianjin in the north of China, Photo: China
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Chinese Prime Minister Li Qiang today expressed his regret over the West's call to reduce dependence on China, with the assessment that it is a "false proposal" in the world of connected economies.

"In the West, some people insist on the principle that we should reduce dependence, remove risks," the Chinese premier said at the opening of the World Economic Forum in Tianjin, northern China.

The Chinese Prime Minister said that these are false concepts, because "with the development of economic globalization, the world economy has become a community in which everyone is intertwined."

"Countries' economies are connected, interdependent, progress each other and grow together. This is essentially a good thing, not a bad thing," the Chinese premier said.

Last Sunday, the European Commission presented a strategy for a more decisive response to the risks that burden its economic security.

The World Economic Forum, known as "summer Davos", is the first to be held in China since 2019 and since the outbreak of the covid pandemic. The forum will last until Thursday.

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