China decoupling would be suicidal for EU, Hungary warns ...News

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China decoupling would be suicidal for EU, Hungary warns
The US has been pushing its allies to reduce ties with Beijing Hungary’s Foreign Minister Peter Szijjarto has called China a strategic trade partner for the EU and a major source of foreign direct investment, warning that any move to scale back ties with Beijing would be disastrous for the bloc. In an interview with CNBC on Tuesday at the World Economic Forum’s annual conference in Tianjin, China, he stated that both “decoupling” and “de-risking” would be “suicide” for the EU economy. “How could you decouple without killing the European economy?” Szijjarto asked. The minister’s warning comes as EU countries strugg

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