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August 27, 2020

Asia

CHINA: New “dual circulation” policy aims to hedge decoupling risks

BY Gabriel Wildau

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( 5 mins) New economic strategy reflects the Chinese leadership's recognition that they can no longer rely on unfettered access to foreign export markets and key foreign inputs. China is not abandoning globalization, but Beijing is seeking a hedged integration that preserves the benefits of globalization where possible, while also shoring up the vulnerabilities that interdependence creates. The […]

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