The acrimonious meeting in Alaska underlines that a new US administration has not led to a reset of US-China relations. China’s leadership has long appeared set on a course for industrial decoupling anyway though. The new Five-Year Plan may have been shaped by US threats to cut China off from advanced technology but its emphasis on self-sufficiency has its roots in the Made in China 2025 policy, which was launched during the Obama era and which continues to be refreshed with new targets today.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services