VANTAGE FOREX SIGNALS OFFICIAL

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Washington not looking to decouple from China economy, White House says The United States wants to de-risk and diversify its relationship with China, not decouple, US National Security Advisor Jake Sullivan said Thursday to reassure European allies growing wary of an increasingly hawkish US stance. Sullivan said the various restrictions against China's tech sector were driven by "straightforward" national security concerns, adding that Biden's policies work for the middle class and poorer countries by contributing to the fight against climate change. "The world needs an international economic system that works for our wage earners, works for our industries, works for our climate, works for our national security, and works for the world’s poorest and most vulnerable countries," Sullivan said. As to why the international economic system should work for the US, Sullivan did not elaborate.

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