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Yellen in China: Decoding the Complexities of Decoupling | Saturday Extra
Morning Wire
The Importance of Specialty Ships
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The US is making moves to become less reliant on China by producing more needed items domestically. The World Bank has a study showing that as we import relatively more from so-called friend shurank countries like Mexico, Vietnam and India. So the supply chain is still very much dominated by China. It's much harder to replace Chinese supply chains than simply to shift your purchase to India.
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