Monday, July 10, 2023

Janet Yellen Holds Press Briefing In China, Stresses Opposition To Economic Decoupling

There is a discussion on decoupling and recoupling. While this has been going on for some time because of conflicts in Russia and some aggressive trade policies one must say that two larger countries will need to find market homeostasis where they enhance the size of the total market. Greater communication is needed to ensure that there is general alignment to the need of the wider of the market. Market relationships based on basic international rules where that creates market stabilization. 

I do like that she says we do need to ensure the U.S. Supply chain is robust, adaptable, and maintains product/service movement. One issue she brings up is the business and investment environment. China will also need to ensure their practices are fair for American businesses (i.e. dumping and intellectual theft). 

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