U.S. President Joe Biden wants to de-risk from China. U.S. President Joe Biden wants to de-risk from China.
Mandel Ngan | Afp | Getty Images
The G-7 issued its strongest ever message to China over the weekend, but an analyst warned that isolating Beijing is “impossible” and “dangerous.”The world’s largest seven economies agreed at a summit in Hiroshima, Japan, to de-risk and diversify their supply chains away from China, amid concerns of economic coercion. There has been a growing awareness among western nations that their economies rely heavily on China. The coronavirus pandemic shed light on the intricacies of critical supply […]
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