Beijing stated on Friday that any choice by the US to arbitrarily decouple from China wouldn’t be practical or smart. Chinese language Overseas Ministry spokesman Zhao Lijian made the remarks in response to renewed threats by US President Donald Trump to chop ties with Beijing.
Trump has made rebalancing the huge US commerce deficit with China a prime precedence, however relations have steadily worsened.
“It was not Ambassador Lighthizer’s fault [yesterday in Committee] in that maybe I didn’t make myself clear,” Trump tweeted on Thursday, referring to his commerce consultant, Robert Lighthizer. “However the US definitely does preserve a coverage possibility, below varied circumstances, of an entire decoupling from China.”
Lighthizer advised a Home of Representatives committee on Wednesday he didn’t see that as viable. “Do I believe which you can sit down and decouple the US financial system from the Chinese language financial system?” he stated. “No. I believe that was a coverage possibility years in the past. I don’t suppose it’s a… affordable coverage possibility at this level.”
