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Does 'decoupling' mean less trade? How much less? In what sectors exactly? Does it mean less investment? What do you mean "investment"? Does it mean keeping each other's technology out of each other's networks? What technology? What networks?
This word has bled into the global policy conversation and become a talking point with poor strategic and logical foundation. Data analysts struggle to map the ramifications, because the word itself is unclear.
Existing extremely hypothetical projections show that we have no real idea what the ramifications would be, but that in today's globally-interconnected markets, there would probably be lots of unintended consequences for China, the U.S., and its allies. https://www.uschamber.com/sites/default/files/024001_us_china_decoupling_report_fin.pdf …
People keep asking whether or not I think decoupling is a good idea, and I don't have an opinion, because the truth is, I don't know what they're talking about, and I suspect neither do they.
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