How China Is Pushing Back Against the West’s De-Risking Strategy
Much of the world relies on China for an increasing number of products. Beijing wants to keep it that way.
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This week’s newsletter is written by Senior Editor Chris Anstey, who has spent two decades covering global economics, government and markets for Bloomberg News. Your feedback is welcome, and if you aren’t yet signed up to receive this newsletter, you can do so here.
The word “addiction” is a fraught one when it comes to the topic of trade with China, given the West’s despicable 1800s practice of forcing the nation to import opium. Yet Commerce Secretary Howard Lutnick has pitched US semiconductor exports as a means of getting Chinese “addicted to the American technology stack.”