For years, “decoupling” and “de-risking” have been the go-to words for describing U.S.–China economic relations.
Host Terri Wu argues that neither term captures what’s actually happening anymore and proposes a new one: degrading.
Terri argues the United States and China are now playing to win on the same integrated chessboard. Both want the same things, and both have concluded that simply continuing to do what they’re already good at, without pushing back on the other side, won’t work anymore.
The board they’re playing on, she explains, is of the global supply chain. It’s now the main battleground of the U.S.–China rivalry.
Behind that are the people who make the numbers a reality. As a manufacturing business owner puts it, this is about the purpose and meaning of American workers.
Terri Wu is a Washington-based freelance reporter for The Epoch Times covering education and China-related issues. Send tips to [email protected].
