Chinese workers sew US and other flags at a factory in Fuyang, in China’s eastern Anhui province, in July 2018. China has increased trade with the rest of the world to offset the reduction of exports to the US. Photo: AFP Chinese workers sew US and other flags at a factory in Fuyang, in China’s eastern Anhui province, in July 2018. China has increased trade with the rest of the world to offset the reduction of exports to the US. Photo: AFP
Chinese workers sew US and other flags at a factory in Fuyang, in China’s eastern Anhui province, in July 2018. China has increased trade with the rest of the world to offset the reduction of exports to the US. Photo: AFP
Yukon Huang
Opinion

Opinion

The View by Yukon Huang and Jeremy Smith

Why US-China supply chain decoupling will be more of a whimper than a bang

  • While China managed to keep export volumes stable by diversifying to other trading partners, the US’ overall trade balance has deteriorated
  • Some degree of economic decoupling is under way, but it’s unlikely that a large number of American firms will cut China out of their supply chains

Chinese workers sew US and other flags at a factory in Fuyang, in China’s eastern Anhui province, in July 2018. China has increased trade with the rest of the world to offset the reduction of exports to the US. Photo: AFP Chinese workers sew US and other flags at a factory in Fuyang, in China’s eastern Anhui province, in July 2018. China has increased trade with the rest of the world to offset the reduction of exports to the US. Photo: AFP
Chinese workers sew US and other flags at a factory in Fuyang, in China’s eastern Anhui province, in July 2018. China has increased trade with the rest of the world to offset the reduction of exports to the US. Photo: AFP
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