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The Crunch Point in China's Relationship With the US?
China's relationship with the US is in a poor state right now. The big crunch point comes over the issue of decoupling, says Tom Hale. China has a fairly high chance of being able to return its economy to a decent growth footing. If Chinese GDP in 2023 rises well above 5%, then I think you're going to see a big divergence between China's performance and that of the rest of the world.