Rhetoric or reality? The essence of Sino-US decoupling and trade war explained

China released December 2022 trade data ahead of the United States and claimed that 2022 was a record-breaking year for bilateral trade. However, if we study the Q4 data, things didn't look as promising as China would like to see. Is decoupling China only rhetoric when Sino-US trade in 2022 is record-breaking? Let’s look at the money and goods that crossed the Pacific between China and the United States in 2022 in bilateral trade, stocks and bonds, dollar debt, and Chinese IPOs in the US. I think the trade war may be the most effective way for the United States to restrain China.

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