Short: decoubling

chiny24.com 2 years ago

— DECOUPLING – this is simply a slogan rather popular in discussions recently. This is besides a call addressed to European countries to break their relations with China, thus defending themselves against “the threat”. Multidimensional.
— According to data published last week by the U.S. Bureau of economical Analysis (BEA), American-Chinese commodity trade broke a fresh record.

— full imports and exports increased by 2.5 percent year-on-year and reached USD 69.6 billion, beating the erstwhile US$658.8 billion evidence established in 2018.
— And the U.S. trade deficit, of course, besides breaks records...

— abroad Direct Investment (FDI) in the People's China last year increased by 6.3 percent year to 1.23 trillion yuan in 2022. On the US dollar basis, FDI inflow increased by 8% year-on-year to $189.13 billion.
— The largest investor was the United States. The US FDI in China has surpassed EU-origin products many times.