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GOVERNANCE REALITY PROVED OTHERWISE AND AS A RESULT THE PHRASE ON EVERYBODYS LIPS WAS DECOUPLING, HE SEPARATING THE U.S. AND CHINESE ECONOMIES BUT IS THAT EVEN POSSIBLE RIGHT NOW? LETS TAKE A LOOK AT HOW THAT DECISION IS GOING TO IMPACT U.S.-CHINA TRADE POLICY WITH WENDY CUTLER SHES THE VICE PRESIDENT OF THE ASIA SOCIETY POLICY INSTITUTE. WENDY, IM SURE YOU WERE RIVETED TO THIS HEARING AS I WAS THIS WEEK, AND YOU JUST WONDER AT THIS POINT WHERE WEVE HAD SO MANY DECADES OF GLOBALIZATION. NOW WERE TALKING ABOUT DECOUPLING, WHICH IS REALLY DEGLOBALIZATION. DO YOU THINK THATS EVEN POSSIBLE WELL, ITS NOT POSSIBLE ACROSS BOTH ECONOMIES. BUT WHAT IS POSSIBLE IS WHAT I WOULD CALL STRATEGIC DECOUPLING. IN THOSE SECTORS THAT ARE KEY TO NATIONAL SECURITY AND ECONOMIC SECURITY YOU TAKE MEASURES TO REDUCE YOUR ALLIANCE, FOR US TO REDUCE OUR RELIANCE ON CHINA FOR EXAMPLE AND SEEK OTHER TRADING PARTNERS AS WELL AS BOOST OUR MANUFACTURING AT HOME. SO THATS A TREND I THINK
