Headlines alleging that a decoupling of the US and Chinese economies is looming, or by some counts, already underway, have appeared in the news cycle for several months now. Once an infrequently used term reserved for economists and electrical engineers, “decoupling” began capturing headlines in the fall of 2018 in an attempt to capture US-China friction in the trade sphere and has held on since.
China Market Intelligence
Recent reforms to the operations of the Committee on Foreign Investment in the United States (CFIUS) removed some of the controversial elements of earlier proposed versions, but strengthened and expanded the scope of CFIUS authority to review foreign transactions and tightens the export controls process.
US President Barack Obama concluded a constructive three-day visit to China earlier today with announcements of new bilateral deals on a range of issues important to US companies doing business in China, including a significant change in visa policy, reduced tariffs for trade in information technology products, and new targets related to climate change.