Decoupling from ccp: us and allies would cut china’s growth
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As U.S.-China relations become increasingly tense, the chances of a U.S.-China decoupling has drawn increasing attention. Some economists believe that if the United States joins hands with
its allies in decoupling from the CCP, it will cause a huge blow to China’s economy, dropping its GDP growth to 1.6%. If so, all kinds of social problems that were once placated by the
economic growth of China will become more pressing. Bloomberg economists Tom Orlik and Bjorn Van Roye wrote on September 3 that such a decoupling would have a much larger impact on China
than on the U.S. as China gains more from cross-border exchanges of ideas and innovation.