A 100 US dollar bill and a 100 yuan banknote. Photo: Reuters A 100 US dollar bill and a 100 yuan banknote. Photo: Reuters
A 100 US dollar bill and a 100 yuan banknote. Photo: Reuters
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

China is decoupling from the world, not the other way around

  • The increasing nationalism of Chinese consumers, as much as supply chain issues and Covid-related disruptions, is the reason international firms are moving overseas
  • China will lose some foreign talent, but domestic demand will shift towards perfectly good locally made products. The real winner, though, is Vietnam

A 100 US dollar bill and a 100 yuan banknote. Photo: Reuters A 100 US dollar bill and a 100 yuan banknote. Photo: Reuters
A 100 US dollar bill and a 100 yuan banknote. Photo: Reuters
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