Why an Open Economy is Crucial for China

Why an Open Economy is Crucial for China

Authors: Kung Chan and Xia Ri* The current era of de-globalization, marked by restructured supply chains and intensifying geopolitical conflicts, has forced major economies inward. As decades of global division of labor fragment, China introduced its “dual circulation” strategic framework to coordinate domestic and international markets, balancing development with security. While the original policy aimed […] The post Why an Open Economy is Cruc…