Lack of development is the greatest insecurity. People's Daily Global News: Lack of cooperation is the greatest risk in the world | economy | risk
China is an opportunity, not a risk ". The real risk that the international community should be vigilant and jointly resist is to promote "de-sinicization" in the name of "de-risk"
Recently, "de-risk" is replacing "decoupling" and has become a new argument for some Western politicians when talking about economic relations with China. It has been used to beautify and package a series of negative policies aimed at "de-sinicization. The so-called "de-risking" is essentially politicizing and ideologizing economic and trade issues, violating economic laws, disrupting the security and stability of the global industrial chain and supply chain, and ultimately hindering the recovery of the world economy.
"'de-risk' may be more slick than 'de-coupling." The New York Times said.
The last US government's high-profile "decoupling theory" proved to be an unrealistic fantasy. Although the current US government claims that it has "no intention of containing and suppressing China", its attempt to interfere with the economic ties between China and the United States by political means has not changed. Under the circumstances that the "decoupling theory" is unrealistic and unpopular, some people in the United States are eager to find new rhetoric. From "precise decoupling" to "small courtyard high wall", from "increasing supply chain resilience" to "supply chain diversification", from "nearshore outsourcing" to "friendly shore outsourcing", the name is constantly renovated.
"Risk-free" has been added with the qualifier "not to pursue 'decoupling" "in order to distance itself from the" decoupling theory "and increase its confusion. However, the so-called "de-risking" is just old wine in new bottles. First of all, the specific policy direction of "de-risking" is still the same old technology blockade, investment review, supply chain transfer, etc. In a policy speech not long ago, senior U.S. government officials talked about "pursuing risk removal and diversification" rather than "decoupling", while threatening to use "small courtyard high walls" to protect our basic technology ". Secondly, the real purpose of "de-risking" is still to contain and suppress China and serve the current erroneous China policy of the US government. The US Foreign Affairs magazine made it clear that the US push for "de-risking" is actually to limit China's ability in strategic areas related to national security, to limit China's position in key raw materials and their processing, and to limit the influence of the Chinese market in the world.
Today in the 21st century, interdependence between countries is the norm, and interdependence cannot be simply equated with insecurity. Although the term "de-risk" is "tactful", it cannot solve the current dilemma faced by the United States in dealing with its economic relations with China: on the one hand, it realizes that "decoupling" will harm its own interests and is impractical; on the other hand, it is difficult to get rid of the obsession of treating China as an "imaginary enemy" and change the way to "decoupling". Such a self-contradictory mentality will only allow the United States to continue to spin in a self-created siege.
Free trade and division of labor are the objective requirements of the development of social productive forces, and the formation and development of international industrial chain supply chain is the result of economic globalization and market economy. Under the tide of economic globalization, the strengthening of division of labor and cooperation among countries has brought about common development.
China is an opportunity, not a risk ". China is the world's second largest economy, the largest manufacturing country, and the largest trading country in goods. It is a major trading partner of more than 140 countries and regions in the world, and continues to provide strong impetus to world economic growth. The "World Opening Report 2022" shows that China has made progress in adhering to a high level of opening up to the outside world, and the opening index has continued to increase, becoming an important force in promoting economic globalization. Gideon Rahman, chief international affairs commentator of the British "Financial Times", believes that the West's "de-risking" of China is itself a huge risk.
The political manipulation of "de-risk" undermines the stability of the global industrial chain supply chain and hinders global scientific and technological progress and economic development. The real risk that the international community should be vigilant and jointly resist is to promote "de-sinicization" in the name of "de-risk". Pierre-Olivier Gulanza, chief economist of the International Monetary Fund, warned that the trend of "de-risk" may cause countries to turn to domestic at the expense of global growth. "The danger is that the global economy may split into some groups". Singapore's Deputy Prime Minister Huang Xuncai pointed out that the voice of "de-risking" against China will also lead to a more fragmented and "decoupled" world economy. "A fragmented global economy will split the world into competing regional groups".
One of the purposes of the U.S. hype about "de-risking" is to compel its allies, and then create a "small circle" to contain and suppress China in the economic field. However, U.S. allies remain sober and vigilant about the damage this political calculation will cause to their own interests. According to the results of a poll conducted in 11 EU member states recently released by the European Council on Foreign Relations, 43% of respondents believe that China is a "partner". More respondents believe that cooperation with China brings more opportunities than those who think that cooperation with China brings more risks. The German Economic Asia-Pacific Committee issued a report on economic relations with China, saying that "the diversification strategy cannot rely on withdrawing from the Chinese market". Hungarian Foreign Minister Sijardo said bluntly that European countries should be more objective in their perception of China, and that Europe's insistence on seeking to "decouple" or "de-risk" China is tantamount to "self-seeking".
non-cooperation is the greatest risk, and non-development is the greatest insecurity.
In the face of increased instability and uncertainty in the world, all parties have their own security concerns. However, generalizing national security and using it as an excuse to promote protectionism and curb and suppress other countries will only expand risks and cause more and bigger problems.
Economic globalization is a historical trend, and its development trend has never changed. At present, the accelerated development of new technologies represented by digital technology and artificial intelligence has created more favorable conditions for economic globalization. The world should not and cannot return to a state of isolation and isolation. "Don't throw the baby out with the bath water. Don't throw out the window the economic globalization that has made us all better." The words of International Monetary Fund Managing Director Georgieva expressed the common aspirations of many countries. World Trade Organization Director-General Iweala also believes that the world economy should not be fragmented, "decoupling" will damage global economic development, and unilateralism and protectionism go against the trend of globalization.
To deal with difficult challenges, cooperation is the only way out and the best way. All countries should comply with the historical trend, further build consensus on development, unswervingly build an open world economy, resolutely oppose the politicization of economic and trade issues, and jointly maintain the stability and smooth flow of the global industrial chain and supply chain, so that the fruits of economic globalization will benefit different countries and different people more equitably. For some specific issues affecting the security and stability of the global industrial chain supply chain, it is necessary to analyze in detail, and all parties can jointly prevent and respond through consultation and cooperation.
At present, the recovery of the world economy is difficult. What all countries really need is to use an open mind, open action, and open joint efforts to help each other, overcome difficulties together, and jointly cultivate new momentum for global development. "Decoupling and breaking the chain" in the name of "risk removal" will only lead to the removal of opportunities, cooperation, stability and development, and will only create economic fragmentation and drag down the development of the world economy.
