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Economy

China calls complete decoupling with US 'unrealistic'

Statement comes as Trump pushes American companies to move out of China

U.S. President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan on June 29, 2019.    © Reuters

SHANGHAI -- China said a complete decoupling with the U.S. is "unrealistic" because of the corresponding nature of their economic structures, despite Beijing now relying less on foreign trade for growth.

The Chinese Communist Party's Central Committee on Friday briefed reporters on the guiding principles of the country's next five-year plan for economic and social development -- the first of three blueprints for achieving a modern socialist state by 2035.

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