Can the West really decouple from China?
Over the past 10 years, Washington, Brussels and London have made decreasing economic reliance on China a strategic goal. Western economic plans now stress supply-chain resilience, industrial sovereignty, technological leadership and national security. The Covid-19 pandemic highlighted weaknesses in global supply networks. Increasing geostrategic tensions, export restrictions and technological rivalry have supported political backing for reshoring and “friendshoring” manufacturing. The objective...
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