The Western business world emits rational voices and judgments | politicians amidst anti China clamor | China | clamor

Release time:Apr 13, 2024 21:04 PM

For a period of time, some Western politicians represented by the United States have been trying to cut off their country's relationship with China. However, the angry noise made by these boastful politicians regarding the so-called security threats and the necessity of decoupling from China is only to please their specific domestic audience.

The fact that the two largest economies in the world share common interests and benefit from trade and economic relations has been distorted into an illusion. In the illusion they depict, due to China's "improper behavior", China has become the only beneficiary - the United States, not China, has been trampled on by steel boots, and the world has been completely reversed.

The fact is that Washington, not Beijing, has provoked a series of tariff and export restriction frictions. For these anti Beijing street clamors, whether it is the clamor to "decouple" or the seemingly more subtle call for "de risk", their biases or calculations are exposed.

Amidst the anti China clamor, one can still hear other voices, a rational voice.

Beren Gariho, Chairman and CEO of Merck Group in Germany, recently stated that decoupling would result in significant economic costs and is not "feasible". "Decoupling takes 20 years, but for what?"

Peter Mandelson, co-founder and chairman of Global Council, an international strategic consulting firm, also stated that most business people do not want to see "this conflict between the United States and China.". They prefer the "managed competition" between these two major powers.


The Western business world emits rational voices and judgments | politicians amidst anti China clamor | China | clamor

After visiting China earlier this month, Mandelson emphasized that this is not only his view, but also the view of all international business people he has spoken with. In the Western business community that has visited China in the past few weeks, Mandelson has only been one of those who expressed opposition to decoupling.

The majority of advocates for decoupling are populist politicians, while those advocating for maintaining good relations with China include moderate politicians and business people. The latter has a better understanding of the real world. They know that pretending that the world's second largest economy does not exist or denying its role as the main driving force of the global economy is absurd.

Perhaps aware of this, the US government now avoids using the term "decoupling" when dealing with China. However, in reality, the US government is still pressuring its semiconductor companies to reduce their supply to Chinese companies, which will undoubtedly hinder the entry of the US high-tech industry into the world's largest market - China, and thus harm the US high-tech industry itself. American semiconductor companies have clearly expressed opposition to this move.

On May 30th, spokesperson of the Ministry of Foreign Affairs, Mao Ning, welcomed foreign enterprises to invest in China and reiterated China's determination to promote high-level opening up to the outside world and create a market-oriented, rule of law, and international business environment.

The necessity of decoupling as claimed by Western politicians is undoubtedly fictional, as their worldview is still stuck in the geopolitical stage of the last century, rather than being shaped by today's real world.

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