by Evelyn Cheng for CNBC

• “We believe the best way to ‘de-risk’ is to return to the consensus agreed to by the two heads of state at Bali, return China-U.S. trade relations to a healthy, stable development path,” Shu Jueting, spokesperson at the Ministry of Commerce, said at a press conference Thursday.
• Shu pointed out that in the first seven months of this year, U.S. direct investment in China rose by 25.5% from a year ago.
• Following U.S. Commerce Secretary Gina Raimondo’s visit to China this week, the U.S. and China agreed to establish regular communication channels on commerce, export controls and protecting trade secrets.

“BEIJING — China’s Ministry of Commerce said Thursday that restoring stability in U.S.-China trade relations is the best way to ‘de-risk’ — a twist to a term that’s become popular in international politics.

The word has been used by U.S. and EU officials as an attempt to position their countries as not completely separating from China in a decoupling scenario, but diversifying in areas where over-reliance on China poses a risk.

‘We believe the best way to ‘de-risk’ is to return to the consensus agreed to by the two heads of state at Bali, return China-U.S. trade relations to a healthy, stable development path,’ Shu Jueting, spokesperson at the Ministry of Commerce, said at a press conference in Mandarin, translated by CNBC…

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