China’s ‘dual circulation’ plan is bad news for others’ exports — Alicia García-Herrero

Important.

China is following Russia's path in developing self-sufficiency in response to US economic warfare. The world is dividing into Global North-South and East-West camps, which reduces to the US versus China. Hybrid warfare is first, with both sides beefing up their militaries.

Add this to the effect of this pandemic and the acceleration of global warming and the situation seems incendiary.

Bruegel
China’s ‘dual circulation’ plan is bad news for others’ exports

Alicia García-Herrero

Originallly at Nikkei

See also

Sputnik International
Is China's Full Dissociation From US Possible?