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Biggest risk stems from non-cooperation, biggest hidden security threat remains non-development
By Huan Yuping, People’s Daily
The term “de-risking” has been replacing “decoupling” these days, becoming a new argument of some Western politicians when they talk about economic relations with China. It is used to prettify their negative policies aiming at de-sinicization.
The so-called “de-risking” is in essence the politicization and ideologicalization of economic and trade issues. It is against laws of economics, disturbs the security and stability of global industrial and supply chains, and finally impedes the recovery of the world economy.
“De-risking may feel more diplomatic than decoupling.” The New York Times just told the truth.
The high-profile “decoupling” strategy launched by the last U.S. administration has been approved to be totally unrealistic. Though the current U.S. administration claimed it has no intention to contain China, its scheme to undermine China-U.S. economic relations through political means remains unchanged. Therefore, some in the United States created new rhetoric as the “decoupling” strategy has lost its support.
The qualifier of “not seeking ‘decoupling'” is added to “de-risking” because the latter shall sound different and thus be more misleading. However, the so-called “de-risking” is just “old wine in a new bottle.”
First of all, policies under “de-risking” still aim at technological blockade, investment review and transfer of supply chains. A high-ranking official of the U.S. government recently said in a speech that the United States wants to de-risk and diversify its relationship with China, not decouple. However, the official, at the same time, made reference to the approach of “small yard, high fence” to critical technology .
What’s more, the true intention of “de-risking” is still containing China and serving White House’s wrong policies on China. U.S. magazine Foreign Affairs noted that the strategy of de-risking aims to limit China’s abilities in strategic sectors that have national security implications, reduce Beijing’s leverage over the West by eroding Chinese dominance of the market for certain essential inputs.
In today’s world, countries should be dependent on each other, and such interdependence doesn’t mean insecurity. “De-risking” is indeed “diplomatic,” but it cannot lift the United States out of the predicament in the country’s economic relations with China. On one hand, the White House is aware that “de-coupling” hurts its own interests and remains unrealistic; on the other hand, it is not willing to abandon its obsession of taking China as an “imaginary enemy” and is seeking “de-coupling” in another form. Such a self-contradictory mindset would only confine the United States in a cage that it has built.
Free trade and division of labor are the result of growing social productivity, and the formation and development of the global industrial and supply chains an outcome of economic globalization and market economy. To strengthen division of labor and collaboration among countries amid economic globalization leads to common progress.
China makes opportunities, not risks. China is the world’s second largest economy, biggest manufacturer, and largest trading country in goods. As a major trading partner for more than 140 countries and regions, it is continuously powering global growth.
The World Openness Report 2022 showed that China has made progress in its high-level opening up and constantly improved its openness index, becoming a key variable for economic globalization.
Gideon Rachman, chief foreign affairs commentator of the Financial Times, belies that de-risking trade with China is a risky business.
Pierre-Olivier Gourinchas, chief economist of the International Monetary Fund warned that “de-risking” is political manipulation that hurts the stability of global industrial and supply chains, and impedes global sci-tech progress and economic development. What the international society should be watchful about and resist is the promotion of de-sinicization in the name of “de-risking,” he said, adding that the trend of “de-risking” could see countries turn inward at the expense of global growth.
“There is a danger that the global economy could fragment into blocks,” the economist noted.
One of the goals of the United States in hyping the strategy of “de-risking” is to mislead its allies and then form a clique that contains China in the realm of economy. However, U.S. allies are clear and vigilant about the fact that such political calculation would hurt their own interests.
According to a poll launched by the European Council on Foreign Relations in 11 EU countries, 43 percent of respondents see China as “a necessary partner,” and there are more respondents believing cooperation with China would bring opportunities than those who think it creates risks.
Hungarian Foreign Minister Peter Szijjarto stressed that European countries should view China more objectively, and both “decoupling” and “de-risking” would be a suicide committed by the European economy.
The biggest risk stems from non-cooperation and the biggest hidden security threat is non-development.
As the world is facing increasing instability and uncertainty, every country has its own security concerns. However, abusing the concept of national security and taking it as an excuse for promoting protectionism and containing other countries would only make risks riskier and lead to more and bigger problems.
The historical trend of economic globalization has never changed. Today, the rapid advance of new technologies such as digital technology and artificial intelligence, is creating more favorable conditions for economic globalization. The world should not, and cannot return to a state of seclusion or isolation.
Cooperation is the only way out and the best way to deal with difficulties and challenges. Countries should follow the trend of history, cement the consensus on development, and continue their efforts to build an open world economy. They should oppose the politicization of economic issues and work together to keep global industrial and supply chains stable and smooth, and deliver the fruits of globalization to different countries and groups of people in a more equitable way.
News
‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain
By Emmanuel Kuza
A chieftain of the Peoples Democratic Party (PDP) in Nasarawa State, Abuga Ovie, has described the name Ombugadu as a political brand, saying the popularity and wide acceptance of the name have made David Emmanuel Ombugadu a major force in the state’s political landscape.
Ovie, who stated this in an interview on Tuesday, said what started as opposition from some of Ombugadu’s biological brothers and people he described as fathers and uncles who betrayed him for personal political interests had now assumed a wider dimension, with political parties allegedly joining the battle against him.
According to him, the latest development was an attempt to undermine the political value of the Ombugadu name by presenting another person with the same surname, describing it as an indication of how far some political actors were prepared to go to weaken the PDP governorship candidate.
“Ombugadu is a brand, not a title. The people are not fools. They know their own. You cannot simply bring another person bearing the same name and expect the people to forget the political identity that Ombugadu has built over the years,” he said.
He further alleged that a former governor was working to introduce a political associate who had served as Accountant-General of Nasarawa State into the political equation, with the alleged objective of destabilising the PDP and weakening its chances by ensuring that the party fields a less competitive candidate in 2027.
“The plan, as we understand it, is to destabilise the PDP and make sure the party presents a weak candidate, thereby creating an advantage for the former governor’s preferred candidate. But all those efforts have proved abortive because the national leadership of the PDP stood its ground and refused to lose its best bet for the 2027 governorship election,” Ovie said.
The PDP chieftain said the resolve of the national leadership to retain Ombugadu had demonstrated the confidence the party had in his capacity to win the governorship election, despite what he described as attempts by some political actors to frustrate his ambition.
Ovie urged political parties and their leaders to resolve their internal differences instead of concentrating their efforts on Ombugadu, whom he compared to David in the Bible, saying he remained focused despite betrayal and opposition from those close to him.
“Ombugadu is like David in the Bible. Even when his brothers forsook him, he remained focused. Today, despite the people who have betrayed him, he remains focused and has a blueprint that can rescue Nasarawa State,” he said.
He said political parties should concentrate on presenting their programmes and convincing voters about how they intend to address the challenges confronting the state rather than expending their energy on attempts to stop Ombugadu.
“Political parties should fix their problems instead of wasting their strength fighting Ombugadu. Let everybody bring their blueprint before the people and explain what they intend to do for Nasarawa State,” he said.
Ovie maintained that the 2027 election should be about ideas, competence and the future of Nasarawa State, rather than attempts to manipulate political structures or undermine individuals perceived to enjoy strong grassroots support.
He urged the people of the state, particularly the Eggon community, to remain politically vigilant and resist what he described as efforts to make them settle for less, insisting that voters would ultimately determine who enjoys their confidence at the polls.
Reduce repeated references to Ombugadu
News
200 widows benefit from empowerment outreach in Plateau
By Israel Adamu, Jos
Two hundred widows from communities across Langtang North Central State Constituency of Plateau State have benefited from an empowerment outreach organised by Gimbiya Gani Nandir Lar under the Jagoran Talakawa movement.
The outreach, held at Pilgani in Langtang North Local Government Area, was aimed at supporting vulnerable women and drawing attention to the challenges faced by widows, particularly those struggling to provide food, pay school fees and meet other basic needs for their families.
The organiser, Nandir Lar, who is the All Progressives Congress, APC, candidate for Langtang North Central State Constituency, said the gesture was motivated by compassion and concern for vulnerable members of the society.
She stressed that the outreach was not a political programme but an expression of love and support for humanity.
Nandir Lar said: “The plight of widows may not always make headlines, but their struggles are real, painful and deserving of our collective attention.
“This is simply an expression of compassion and love for humanity. It is not a political programme.
“Our constituency is home to people with diverse needs, including mothers, widows and young people who are seeking opportunities to improve their lives.”
Former Provost of the Federal College of Education, Pankshin, Amos Chirfat, commended the initiative, saying it had brought smiles to the faces of vulnerable women in the constituency.
Minority Leader of the Langtang North Legislative Council, Dirya Sheni, also commended Nandir Lar for supporting widows and other vulnerable members of the community.
At the end of the outreach, each of the 200 beneficiaries received a 10-kilogramme bag of corn flour, seasoning and N10,000 cash
News
SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance
By Francis Wilfred
The Special Control Unit against Money Laundering (SCUML), and the Real Estate Developers Association of Nigeria (REDAN) have expressed commitment to ensure a full compliance with the Anti Money Laundering/Counter Finance on Terrorism/Counter Proliferation Financing, (AML/CFT/CPF) laws within the Nigeria’s real estate sector.
They made the resolve during a stakeholders’ engagement held on Thursday, September 10, 2026
The engagement focused on Mutual Evaluation readiness, risk-based supervision, beneficial ownership transparency, customer due diligence, internal controls and stronger collaboration between SCUML and the real estate sector.
Assistant Commander of the EFCC, ACE 1 Ibinabo Amachree, speaking on behalf of SCUML highlighted the strategic role of real estate operators in protecting the integrity of Nigeria’s financial system, particularly given the sector’s vulnerability to money laundering and other financial crime risks.
Amachree encouraged REDAN members to move beyond registration to ensure that compliance is embedded in their day-to-day operations. He mentioned the areas to include: understanding institutional risks, knowing customers and beneficial owners, identifying politically exposed persons, conducting appropriate sanctions screening, maintaining effective internal controls and meeting applicable reporting obligations
He, therefore, reaffirmed readiness to working closely with REDAN and other stakeholders to improve compliance, build capacity and promote a stronger culture of accountability across the real estate sector
“The message is clear: effective compliance is not just about meeting regulatory requirements; it is about protecting businesses, strengthening the real estate sector and safeguarding the integrity of Nigeria’s financial system”, she said.
In his remarks, the Chairman of REDAN, Lagos state, Mr Tony Kolawole pledged readiness to partner with SCUML in ensuring compliance with AML/CFT/CPF in the real estate sector to uphold financial integrity.
The engagement also provided an opportunity for REDAN members to share practical regulatory and operational challenges affecting the sector, reinforcing the importance of continuous dialogue between regulators and industry stakeholders.
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