EconomyReducing reliance on China would cost US and European economies $23.6 trillion — FT
The Financial Times reports that reducing economic reliance on China could cost the US and European economies $23.6 trillion. Experts assessed the expense of constructing new production and logistics chains. Their analysis also covered processing capacity and research centres. Replacing software supplied by Chinese companies would add to the overall cost of such a shift.
Reducing reliance on China would cost US and European economies $23.6 trillion — FT