US, Europe and UK will need to invest an extra $23.6 trillion in next 25 years to ‘break free’ from China; Why even then it may not work
An analysis has claimed that if the West – the US, Europe and the UK – are to reduce their dependence on Chinese manufacturing, technology and supply chains, they will have to invest $23.6 trillion over and above what they plan to in the next 25 years. According to a report by consultancy EY-Parthenon (via…