The United States initiated a decoupling of science and technology just as China entered its post-industrialization stage, when traditional economic growth drivers were in decline and when we were looking for new areas of growth. The impact of this on us should not be underestimated. In the post-industrialization era, we can no longer rely on the so-called troika of consumption, external demand and investment to drive the economy.
søndag 10. januar 2021
Decoupling Would Go Poorly for China
China-U.S. relations are at a critical point, so can China rely on internal circulation or dual circulation to weather the storm? Decoupling from the developed world would deliver a major blow to China’s economy, not only in terms of demand, but also in terms of technology.
The United States initiated a decoupling of science and technology just as China entered its post-industrialization stage, when traditional economic growth drivers were in decline and when we were looking for new areas of growth. The impact of this on us should not be underestimated. In the post-industrialization era, we can no longer rely on the so-called troika of consumption, external demand and investment to drive the economy.
The United States initiated a decoupling of science and technology just as China entered its post-industrialization stage, when traditional economic growth drivers were in decline and when we were looking for new areas of growth. The impact of this on us should not be underestimated. In the post-industrialization era, we can no longer rely on the so-called troika of consumption, external demand and investment to drive the economy.
