Chinese Foreign Minister Wang Yi said the so-called decoupling of the world’s two largest economies would have disastrous results and that China and the US need to work cooperatively through their disagreements, during a speech co-hosted by the US-China Business Council and the National Committee on US-China Relations, reported the Wall Street Journal.
Wang’s comments came as the US and China remain at an impasse in a more than yearlong trade war, one that some analysts say could lead to a widening chasm between the two countries.
“Decoupling from China’s economy would be to decouple from opportunities, and the future,” said Wang, who in the past has called the US’s and China’s interests “inseparable.”
Speaking before more than 100 business and political leaders, Wang criticized those who depict China as an adversary of the US. He said the US should “avoid picking a misguided fight with the wrong country,” and lamented the impact of the trade war as “losses that shouldn’t have happened.”