"De-risking" poses risks to world: British business leader

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"De-risking" poses risks to world: British business leader

STORY: "De-risking" poses risks to world: British business leader DATELINE: Aug. 6, 2023 LENGTH: 00:01:23 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the U.S. 2. SOUNDBITE 1 (English): STEPHEN PERRY, Chairman of Britain's 48 Group Club 3. various of China 4. SOUNDBITE 2 (English): STEPHEN PERRY, Chairman of Britain's 48 Group Club 5. various of China STORYLINE: As some U.S. and European officials advocated "de-risking" from China recently, a British business leader said that this concept puts the West at risk of "losing most." SOUNDBITE 1 (English): STEPHEN PERRY, Chairman of Britain's 48 Group Club "I think that the Americans have found it easier to explain away the advances that China has made by demonizing China. Whether one talks about decoupling, de-risking, whatever words one wants to use, the world has changed beyond all imagination. And the idea that the world can be segregated again into areas, the people who will lose most if the world is segregated will be the West. The

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