Xi Jinping Warns Against Economic "Decoupling" in Talks with Macron

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Xi Jinping Warns Against Economic "Decoupling" in Talks with Macron
Chinese President Xi Jinping cautioned that severing economic ties between major powers leads to global instability. He delivered this message during a meeting with French President Emmanuel Macron in Paris on Monday. President Xi stated that so-called "decoupling" disrupts industrial supply chains. He argued it also worsens tensions between nations and slows world economic growth. The concept of "decoupling" refers to nations reducing their trade and investment links. The United States and European Union have pursued policies to lessen their reliance on Chinese manufacturing in strategic sectors. Xi emphasized that China views Europe as a key partner for cooperation, not a rival. He urged both sides to uphold the spirit of mutual partnership. The talks occurred amid ongoing trade investigations by the European Union into Chinese industries. These include probes into electric vehicle imports and wind turbine suppliers.