Hungarian Minister Warns China De-Risking Is ‘Brutal Suicide’

A European “de-risking” of supply chains from China would be devastating for the bloc’s economy, a senior Hungarian minister warned, in comments highlighting the divisive nature of the policy.

“Political leaders in Europe are not too much interested in the interconnectivity between Europe and China,” Hungary’s Foreign Minister Peter Szijjarto said Tuesday. “They are interested in so-called decoupling or de-risking. Which, to be honest according to our understanding, would be a brutal suicide.”