A Messy Financial Divorce for the US and China

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Written by George Magnus 30 December 2020

“Even as official financial decoupling progresses, US and other financial firms are – with China’s blessing – building asset management, securities, life insurance, fintech, and custody businesses in the Chinese market. Should President-elect Joe Biden's administration support this process or double down on decoupling? (George Magnus, 2021).

Publisher: Project Syndicate

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Categories: Multilateralism, Tools of Democracy