looking beyond borders

foreign policy and global economy

US To Suffer More If It Decouples With China

The US president’s threat of totally “cutting off” relations with China to save $500 billion a year is bad economics. Over the past two years of the trade conflict, China has been steadily reducing the US’ share in bilateral trade. From January to April of 2020, the US share in China’s total trade fell to 10.6 percent, compared with 14.2 percent in 2017.

Read Here – China Daily

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