Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Isolating China will be ‘impossible and dangerous,’ analyst says, as the G-7 gets tough on Beijing

The G-7 has agreed to diversify and de-risk their supply chains away from China, but an analyst has warned that isolating China is "impossible" and "dangerous." Giuliano Noci, vice-rector for China for Politecnico di Milano, said that de-risking, rather than decoupling, is more feasible given the level of intertwines among supply chains. The US recorded a trade deficit in goods with China of about $383 billion in 2022, highlighting the difficulties of separating their economies. G-7 leaders also expressed concerns about the situation in the East and South China Seas and supported a "no change" in the status quo of Taiwan.

The post Isolating China will be ‘impossible and dangerous,’ analyst says, as the G-7 gets tough on Beijing appeared first on Balanced News Summary.



This post first appeared on Balanced News Summary, please read the originial post: here

Share the post

Isolating China will be ‘impossible and dangerous,’ analyst says, as the G-7 gets tough on Beijing

×

Subscribe to Balanced News Summary

Get updates delivered right to your inbox!

Thank you for your subscription

×