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World News February 20, 2024

Wang Yi says lose-lose is not a rational option, win-win is the future

Chinese Foreign Minister Wang Yi has emphasized the importance of avoiding “lose-lose dynamics” and promoting a “win-win” approach in response to concerns outlined in the Munich Security Report 2024. The report highlights growing global tensions and economic uncertainties, with governments increasingly focused on relative gains rather than absolute benefits of global cooperation. Wang attributes the “lose-lose dynamics” to zero-sum mindsets, decoupling, and camp confrontation attempts. He advocates for collaboration, consideration of others’ interests, and common development to achieve a mutually beneficial outcome. Wang emphasizes the need for unity, cooperation, and openness to pursue the goal of win-win scenarios.

Source – CGTN

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