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Geopolitical factors have the US and China looking to increase self-sufficiency and make needed pivots, with greater US production and Chinese consumption. However, the notion of a consumer-driven Chinese economy might be as illusory as hopes of decoupling the US from cheap Chinese products.
No matter the result of Taiwan’s January 13 election, some challenges to the fragile cross-Strait status quo between China and Taiwan should be anticipated.
Frank Dikötter of Hong Kong U argues there is more continuity than change in China after Mao, challenging perception of Deng Xiaoping as open-minded and reform-oriented.
Despite formidable challenges for ASEAN associated with global value chains, decoupling would massively reduce economic growth.
Zhou Yixiao is a doctoral candidate in economics at the Crawford School of Public Policy at the ANU.