How Far Will U.S.-China Decoupling Go? [David Dollar - HIC]

In a pair of speeches in the spring, Treasury Secretary Janet Yellen and National Security Advisor Jake Sullivan set out a strategy for America‘s economic relationship with China. The two cabinet officials emphasized that the U.S. is not trying to keep China down, but that it would work to limit high-technology exports and investment that would enhance China’s war-fighting capabilities. They used the image of a “small yard with a high fence.” The “small yard”

2023.08.24 11:17