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                                Decoupling with China will come at 'significant cost' to U.S. competitiveness: WSJ

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                                2020-06-03 14:30:16Xinhua Editor : Li Yan ECNS App Download

                                Decoupling with China will come at "a significant cost to America's own competitiveness," a commentary published Tuesday by The Wall Street Journal (WSJ) has warned.

                                "U.S. security hawks should be aware that a broad-based attempt to disentangle the two countries' supply chains and educational linkages will come at a significant cost to America's own competitiveness," the WSJ's Nathaniel Taplin wrote.

                                "If 'decoupling' proceeds, then much more federal funding for basic research --- and for U.S. science and math education -- may be needed to plug the gap," he said. "That probably means higher taxes and a more welcoming immigration policy for foreign talent from ... other nations to offset a potential Chinese brain drain."

                                "Finally, American consumers need to be prepared to pay more for the luxury of a secure and diversified supply chain," Taplin said.

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