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Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

Isolating China 'impossible' as world moves to multipolarism: Analyst

  • By Al Mayadeen English
  • Source: CNBC
  • 23 May 2023 16:02
3 Min Read

An analyst says the world is moving beyond a unipolar world that had the US as its superpower to a bipolar or multipolar world.

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  • Isolating China 'impossible', as world moves to multipolar: Analyst
    A general view shows the G7, Partner Countries, and Ukraine meeting as a part of the G7 leaders' summit in Hiroshima, western Japan, on May 21, 2023 (Ministry of Foreign Affairs of Japan)

An analyst warned that isolating China is "impossible" and "dangerous", following the Group of Seven (G7) summit in Japan, where the forum members focused the efforts against China.

In a final communique issued at a summit in Hiroshima, G7 leaders claimed that "our policy approaches are not designed to harm China nor do we seek to thwart China’s economic progress and development. ... At the same time, we recognize that economic resilience requires de-risking and diversifying."

Giuliano Noci, vice-rector for China for Politecnico di Milano, told CNBC’s Squawk Box Europe on Monday that the G7 showed a "unitarian" view against China.

"[President Joe] Biden spoke in terms of de-risking and not in terms of decoupling," Noci indicated.

"Decoupling was the magic word of the United States still a month ago, but it is very clear that, given the role played by the Chinese market for several products, given the level of intertwines among supply chains, it is almost impossible to decouple," he pointed out.

According to CNBC, de-risking refers to reducing part of reliance on China rather than halting the relationship completely.

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Noci considered that "it should be clear that isolating China will be not only, on the one hand, impossible but also, on the other hand, dangerous."

CNBC considered that US President Joe Biden's administration's move may reflect the conclusion that it will take an incredible amount of work and economic suffering to decouple its economy from that of China.

According to data from the US Census Bureau, the United States recorded a $383 billion goods trade imbalance with China in 2022.

Last year's figures indicated a record high in commerce between the countries, demonstrating the challenges of isolating their economies.

Noci suggested that the world is moving beyond a unipolar world that had the US as its superpower to a bipolar or multipolar world.

The G7 leaders also warned against China's "militarization" in the South China Sea and said that "peace and stability" in the Taiwan Strait are "indispensable" to global security.

In the same context, UK Prime Minister Rishi Sunak claimed that China was the world’s greatest challenge to security and prosperity, which prompted the Chinese Embassy in London to slam the statements as "malicious slanders in disregard of the facts."

Read more: China slams G7, summons Japan envoy over 'smear and attack' campaign

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