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U.S. Chamber Releases In-Depth Analysis of U.S.-China Economic Relationship

“The U.S. Chamber of Commerce’s China Center, in partnership with Rhodium Group, released a new analysis today examining the complexity of the U.S.-China economic relationship. A first-of-its-kind study, “Understanding U.S.-China Decoupling: Macro Trends and Industry Impacts” seeks to better understand the degree to which the U.S. and Chinese economies are intertwined and dependent on each other for stability and growth. By analyzing the economic impact of complete disengagement in four key sectors, the analysis helps quantify the extent to which our two economies are interconnected, ultimately helping policymakers, businesses, and other stakeholders make better informed decisions as the administration seeks to bolster America’s national security and confront China’s rising Statism. “China is perhaps the most difficult foreign policy challenge confronting President Biden. We cannot ignore the economic challenges posed by China’s rising Statism, nor the growing national security concerns. Yet, given the interconnectedness of our two economies and importance of the Chinese market for U.S. companies, large and small, it is critical that policy decisions are informed by the best data,” said U.S. Chamber Executive Vice President and Head of International Affairs Myron Brilliant. “That’s why, for more than 25 years, the U.S. Chamber has studied and promoted commercial opportunities and worked to address China’s unfair trade and regulatory practices.”…

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