How ‘Decoupling’ From China Became ‘De-risking’
NY Times
23-05-21 02:26
The phrase "de-risking" has become popular among officials trying to loosen China's grip on global supply chains, according to a New York Times report. “I think we derive a huge amount of economic, social and safety value when systems are interoperable,” said David Koh, Singapore’s cybersecurity commissioner. “I want my plane to take off from Singapore and land safely in Beijing,” he added. Germany and France later pressed for the term in international settings, while Singapore and India's foreign ministers have also used the phrase. The state-run Global Times, however, has said de-risking “might be ‘decoupling’ in disguise”.