Chinese Premier says call to de-risk is a 'false proposition'

Li Qiang urges countries to work together to maintain a stable global supply chain

- Tan Dawn Wei

TIANJIN –Chinese Premier Li Qiang warned world leaders against politicising economic issues, calling the notion of de-risking a “false proposition” that could bring about a host of problems.

Countries should, instead, work together to maintain a stable global supply chain while managing competition that will inevitably arise in an open trading system, he said at the start of a World Economic Forum (WEF) annual meeting in the north-eastern coastal city of Tianjin on Tuesday.

Mr Li’s remarks follow similar urgings made last week in Germany and France on his first overseas visit since becoming premier in March, amid growing momentum in Europe to reduce its dependency on China. “Some people are hyping up the