US-China decoupling

Talk of economic decoupling between China and the United States, the world's two largest economies, surfaced amid their prolonged trade war, rising tech rivalry and general geopolitical tensions which have edged up in recent years. Decoupling transcends trade and investment and it could mean a peeling back of goods and services trade, divestment from China and the relocation of the American manufacturing presence out of China, but also a fragmentation of the global supply chain. It is believed a major decoupling move would mark the end of a long period of globalisation.