The story so far: The Trump-era focus of the U.S. to decouple from China is being phased out by a new concept. According to the U.S. National Security Advisor Jack Sullivan, “de-risking fundamentally means having resilient, effective supply chains and ensuring we cannot be subjected to the coercion of any other country”. Bringing more nuance into its earlier decoupling approach …
People walk on Times Square in New York, the United States, Nov 23, 2021. US Commerce Secretary Gina Raimondo on Wednesday acknowledged that the United States reaps huge benefits from trade with China and pledged not to decouple from it, with the exception of critical technology and other areas that Washington deems could "undermine" its national security. The four-component China …