Decoupling U.S.Economy from China Doomed to Fail

The global supply chain is based on the global distribution of materials,technology,capital,labor,and markets and thus cannot be altered by political motives.KEEPING a sound and stable global supply chain will benefit not only China and America,but also the world at large.Janet Yellen,U.S.secretary of treasury,has realized the devastating consequences of decoupling U.S.economy from Chinese economy when she spoke at John Hopkins Institute on April 20,2023.Yellen said,“The United States will assert ourselves when our vital interests are at stake.But we do not seek to decouple our economy from China’s.A full separation of our economies would be disastrous for both countries.It would be destabilizing for the rest of the world.”