While the heyday of China’s export-led growth may have passed and the ‘dual circulation’ strategy emphasises giving greater play to domestic growth drivers, the continued impact of trade may not be as bleak as some experts have suggested.
The US-China debate on intellectual property rights goes beyond economic concerns and into the realm of security. As the challenges of IP policymaking transcend US-China rivalry, a wider forum, on the lines of the G20, could help broker a political consensus.