Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's Beirut Bureau Chief Roni Alfa: This Israeli aggression says that issue of negotiating with Lebanon is not on table, and that "Israel" will not abide by Resolution 1701.
Al Mayadeen's correspondent: Preliminary casualty toll of Israeli aggression on Southern Suburb of Beirut now at one martyr, 21 wounded.
Ammar: Palestinian experience shows that settlements and talk of peace cannot emanate from enemy that blatantly declares its intent to expand.
Ammar: Unfortunately, enemy is emboldened to commit its aggression by voices within Lebanon that have turned themselves into tools that support its aggression.
Ammar: We are in a full-fledged battle with enemy, and walk at a different pace; we will set the time [for a response].
Ammar: Resistance dealing with utmost wisdom, patience, and will confront this enemy at appropriate time.
Ammar: Any attack on Lebanon is violation of red lines, this aggression is part and parcel of entity which targets Lebanon's dignity, sovereignty, and security of citizens.
Lebanese MP Ali Ammar from attack site: Israeli aggression has attacked entirety of Lebanon since Washington-sponsored ceasefire.
Israeli media citing senior US official: We were not informed prior to strike, but as it was underway.
Israeli media: US had been informed of planned escalation against Lebanon.

Decoupling from China 'an illusion': French Economy Minister

  • By Al Mayadeen English
  • Source: Agencies
  • 30 Jul 2023 11:55
3 Min Read

During a visit to Beijing on Sunday, France's Finance Minister stated that breaking all economic ties with China was "an illusion."

  • x
  • Newly named French economy minister, Bruno Le Maire, 48, left, listens to his predecessor, Michel Sapin, during an handover ceremony in Paris, France, Wednesday, May 17, 2017.
    Newly named French Economy Minister, Bruno Le Maire, 48, left, listens to his predecessor, Michel Sapin, during a handover ceremony in Paris, France, Wednesday, May 17, 2017. (AP)

During a visit to Beijing on Sunday, France's Finance Minister warned that breaking all economic ties with China was "an illusion," as several Western countries rethink their reliance on the Asian powerhouse.

"We are totally opposed to the idea of decoupling. Decoupling is an illusion," Finance Minister Bruno Le Maire told reporters at the French embassy, adding that "There is no possibility of having any kind of decoupling between the American, European and Chinese economies."

Nonetheless, Le Maire maintained France's goal of becoming more economically autonomous in certain industries. However, he noted that the term "de-risking," which has been popular in the West in recent months, "does not imply that China is a risk."

Read next: China delivering military equipment to Russia, France says

"De-risking means that we want to be more independent... We don't want to realize, as we realized during the Covid crisis, that we have too much dependence on some very specific components," he added, citing microchips as one example.

Le Maire's words come as some Western countries want to minimize their economic reliance on China, particularly Germany, which counts China as its top trading partner and a key market for its automobile industry.

The US has also urged for de-coupling from China, however, US Treasury Secretary Janet Yellen stated earlier this month during a visit to Beijing that a decoupling of the US and Chinese economies would be "virtually impossible."

Meanwhile, China has slammed Western efforts to de-risk, with Premier Li Qiang labeling the approach a "false proposition" last month. Le Maire is currently in China for high-level economic talks and will visit the southern tech capital of Shenzhen on Monday to meet with business executives.

West's economic de-risking a 'false proposition': Chinese PM

Chinese Prime Minister Li Qiang considered on July 27 that the Western countries' decision to "de-risk" their economies was a "false proposition", slamming the United States and European Union policy aimed at reducing their reliance on China. 

"In the West, some people are hyping up what is called 'cutting reliance and de-risking'," Li told delegates from New Zealand, Mongolia, Vietnam, Barbados, and Saudi Arabia at the opening of a World Economic Forum meeting in northern China. "These two concepts... are a false proposition, because the development of economic globalization is such that the world economy has become a common entity in which you and I are both intermingled," the Chinese Premier pointed out in a speech calling for deepening economic globalization and cooperation.

"The economies of many countries are blended with each other, rely on each other, make accomplishments because of one another, and develop together," he indicated. 

"This is actually a good thing, not a bad thing."

  • Beijing
  • Bruno Le Maire
  • France
  • China

Most Read

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

  • Politics
  • 19 Nov 2025
Hamas fighters stand in formation as they prepare for the ceremony of Israeli captive hand over to the Red Cross in Nuseirat, central Gaza Strip, Feb. 22, 2025. (AP)

US plot for Gaza in shambles amid continued popular support for Hamas

  • Politics
  • 17 Nov 2025
Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

  • Analysis
  • 19 Nov 2025
Algeria's Permanent Representative to the United Nations Amar Bendjama speaks during a Security Council meeting at the United Nations headquarters, Sunday, Jan. 26, 2025 (AP)

Hamas, other factions urge Algeria to reject US Gaza forces resolution

  • Politics
  • 16 Nov 2025

Coverage

All
In Five

Read Next

All
Nahdlatul Ulama chief faces removal over hosting pro-'Israel' speaker
Asia

Nahdlatul Ulama chief faces removal over hosting pro-'Israel' speaker

A boy tries to stand near missiles displayed in the National Aerospace Park of the Revolutionary Guard, just outside Tehran, Iran, Thursday, Nov. 13, 2025 (AP)
Politics

Key Israeli sites destroyed, nuclear docs moved to Tehran: Minister

Guy Pearce
Asia Pacific

Aussie actor 'disgusted' by Israeli 'disdain' for Palestinian life

Brigadier General Ali Jahanshahi, the newly appointed commander of the Iranian ground forces, in an undated photo (MNA)
Politics

Ali Jahanshahi appointed as new commander of Iran Army Ground Force

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS