An Evaluation of U.S. Economic Decoupling from China
DOI:
https://doi.org/10.61173/nzqyn531Keywords:
Economic, Separate, deliberate process, technological advancementAbstract
The economic relationship between the United States and China, marked by extensive trade agreements, substantial foreign investments, and significant technological collaborations, has developed over decades into a complex tapestry of interdependence, creating a multifaceted and intricate economic partnership. Within this context, economic decoupling refers to the strategic unwinding of these deep-seated ties. In this deliberate process, the U.S. aims to reduce its dependency on China, particularly in critical national security and technological advancement areas. This drive towards decoupling stems from a constellation of concerns, encompassing national security issues, the imperative to safeguard intellectual property rights, and a burgeoning desire to attain greater economic self-sufficiency and resilience.