US to Focus on Targeted Decoupling from China, Not Full Break

Riyadh Forum Highlights US Focus on Targeted Decoupling from China The US-Saudi Investment Forum in Riyadh saw US Treasury Secretary Scott Bessent clarify the US position on decoupling from China. Bessent stated, "We do not want a generalised decoupling between the two largest economies in the world." Instead, the US will prioritize decoupling in specific sectors, such as medicine and semiconductors, to bolster its self-reliance. This targeted approach reflects a nuanced strategy, balancing economic cooperation with strategic security interests. The forum provided a platform for high-level discussions on bilateral investment and collaboration. Bessent's comments underscore the ongoing complexities in US-China relations and the evolving global economic landscape.