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CHINA CENTER PUBLICATIONS
Market Bifurcation and Supply Chain Decoupling Will Accelerate in the Wake of COVID-19, but Market Drivers - not Policy Directives - Will Determine Outcomes in the Foreseeable Future
There is much concern in the foreign business community about whether and how COVID-19 accountability and liability disputes, and potential policy actions by the two sides, could affect the US-China trade relationship and the business environment for MNCs in China.
As we have argued, the US-China “trade war” reflects, at its core, the tensions of a “competition of systems” – specifically, the CCP’s state capitalist system versus the market economy system of ‘the West’. Both systems have strengths and weaknesses; but because they embrace fundamentally different goals and values, they don’t play well together.
CORONAVIRUS (COVID-19) CONTENT
August 06, 2020 | CHARTS
PRESS RELEASES & iN THE NEWS
IN THE NEWS
July 30, 2020
Thought leaders who provide trusted insights for navigating companies and the economy though COVID-19.