China’s foreign minister, Wang Yi, cautioned against a significant historical error, emphasizing the importance of global cooperation in trade. Speaking at the Munich Security Conference, he addressed the concerns raised by Germany and other G7 nations about over-reliance on trade with China.
The host country’s “de-risking” strategy aims to diversify its key goods suppliers. Wang Yi criticized the approach, stating, “Those who attempt to shut China out in the name of de-risking will make a historical mistake.” He stressed the irreversibility of economic globalization, likening the world economy to an ocean that cannot be isolated into lakes. Additionally, Wang Yi renewed China’s resistance to allegations of forced labor in Xinjiang, dismissing them as “fabricated information” aimed at hindering China’s development.
