US columnist warns against 'full-throated decoupling' of US, Chinese economies


Source: pdnews.cn pdnews.cn

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(File photo: AFP) WASHINGTON, Nov. 23 (Xinhua) -- A U.S. columnist has recently warned against "a full-throated decoupling" of U.S. and Chinese economies, which make up more than 40 percent of the world's total wealth. A full-scale decoupling "would cement the international community into rigid blocs and result in biting turbulence in global financial markets," Daniel DePetris, a foreign affairs columnist for American weekly news magazine Newsweek. DePetris stressed there is no such thing as "a one-size-fits-all policy toward China." "The U.S. must develop a policy that accounts for all of these different scenarios, no matter how one-dimensional the China...