Encyclopedia of Opinion
Question
Could the US and Chinese economies really 'decouple'?
Position‹2 of 2

No, the US and Chinese economies could not 'decouple'

The case that the two economies could not decouple: that the dependence sits in industrial clusters and tacit know-how which cannot be relocated, and that every step toward separation costs the side taking it until the trade reroutes instead.

Supporting arguments · 2

  1. The dependence is in clusters and know-how, which cannot be relocated
  2. Each step toward separation costs the side taking it, so the effort stalls