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France’s finance minister said during a visit to Beijing on Sunday that cutting all economic ties with China was “an illusion”, as some Western countries question their reliance on the Asian giant.
“We are totally opposed to the idea of decoupling. Decoupling is an illusion,” Finance Minister Bruno Le Maire told reporters at the French embassy.
“There is no possibility of having any kind of decoupling between the American, European and Chinese economies.”
Le Maire nonetheless defended France’s ambition to become more economically independent in certain sectors. But, he added, the concept of de-risking, which has become a byword in the West in recent months, “does not mean that China is a risk”.
