Five years into the trade war, China continues its slow decoupling from US exports March, 2023 The war of words between the United States and China has escalated this year, especially since the Chinese spy balloon episode that forced Secretary of State Antony Blinken to cancel a much-anticipated trip to Beijing in February. But the US-China trading relationship was recently reported to have hit “record levels” in 2022, suggesting that the supposed economic “decoupling” of the world’s two biggest economies has not yet arrived.
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