Some decoupling is undeniably underway. Decoupling is certainly not in the interest of the US business community. More recently, US Trade Representative Katherine Tai argued that, far from decoupling – which “isn’t a realistic outcome” – the US is pursuing “recoupling”; US officials are merely pinpointing their goals in this process. Furthermore, China is working to strengthen its adherence to international rules and norms, such as intellectual-property protections – a key concern of foreign companies operating in China. If we keep talking about decoupling, we may well get it.

Source: Stuff December 11, 2021 05:17 UTC