Summary:
China’s current role in the global economy might not be exactly what the United States envisioned when it supported the country’s accession to the World Trade Organization 20 years ago. But, in its own way, China is fulfilling the promise of that step, and it will most likely continue to do so, as long as the US lets it....Project SyndicateThe Decoupling ProphecyYu Yongding, a former president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006https://www.project-syndicate.org/commentary/china-wto-anniversary-no-economic-decoupling-by-yu-yongding-2021-12
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China’s current role in the global economy might not be exactly what the United States envisioned when it supported the country’s accession to the World Trade Organization 20 years ago. But, in its own way, China is fulfilling the promise of that step, and it will most likely continue to do so, as long as the US lets it....Project SyndicateThe Decoupling ProphecyYu Yongding, a former president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006https://www.project-syndicate.org/commentary/china-wto-anniversary-no-economic-decoupling-by-yu-yongding-2021-12
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Mike Norman considers the following as important:
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China’s current role in the global economy might not be exactly what the United States envisioned when it supported the country’s accession to the World Trade Organization 20 years ago. But, in its own way, China is fulfilling the promise of that step, and it will most likely continue to do so, as long as the US lets it....Project Syndicate
The Decoupling Prophecy
Yu Yongding, a former president of the China Society of World Economics and director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, served on the Monetary Policy Committee of the People’s Bank of China from 2004 to 2006
https://www.project-syndicate.org/commentary/china-wto-anniversary-no-economic-decoupling-by-yu-yongding-2021-12