Merck CEO says decoupling from China would be at huge economic cost

News Snapshot:

FRANKFURT, June 6 (Reuters) - The CEO of German technology group Merck KGaA (MRCG.DE) said that unravelling trade ties with China would come at great economic costs and that she was banking on dialogue to ease tensions between Beijing and Western powers. Belen Garijo, the Spanish CEO of the German maker of drugs, lab equipment and semiconductor chemicals, said late on Monday that dependencies between the powers were huge, speaking at a journalist club event in Frankfurt. Over the weekend, a Chinese warship crossed in front of a U.S. destroyer in the sensitive Taiwan Strait, raising the prospect of future...