'Economists fear the effects of a decoupling of China and the United States'

Over the summer, China and the United States pursued a long-standing trade and technology war. On July 3, Beijing introduced an export visa for gallium and germanium, two so-called “rare earths” used to manufacture strategic equipment such as weapons, semiconductors, and 5G to safeguard national interests and security. On August 9, US President Joe Biden issued an executive order tightening controls on Chinese investment in next-generation processors, quantum computing, and artificial intelligence, with other sectors to follow.

This latest episode in a war declared by former US president Donald Trump in 2018 – and continued by his successor – fuels […]

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By Donato