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

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

Pursuing a strategy of “decoupling” or de-risking “would be a brutal suicide,” Peter Szijjarto, Hungary’s foreign minister, said Tuesday.