Is the West de-risking from China or containing its economy?

The US and Europe are working to reduce dependence on China by encouraging companies to shift production and limit commitments. For years, firms relied on China for low-cost manufacturing at large scale and fast turnaround. In response, Beijing is tightening control over supply chains through sweeping new rules. Critics say these measures could make it more difficult for foreign companies to diversify away from China. China says the rules are intended to protect national and economic security and accuses Western governments of protectionism. The US and Europe also cite unfair trade practices and have introduced policies to strengthen their own industries.

"As the US and Europe push to reduce reliance on China, Beijing tightens control over supply chains. For decades, companies flocked to China for cheap manufacturing at scale and speed. Now, Western governments are pushing businesses to pull production and reduce their commitments. Beijing is hitting back with sweeping new rules that critics say could make it harder for foreign firms to diversify their supply chains."

"China says the measures are about protecting national and economic security as it accuses the West of protectionism. The United States and Europe have been trying to decrease their dependence on China, which they accuse of unfair trade practices. They've rolled out measures to boost their own industries."

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