Trade tensions between the United States and China have been ebbing and flowing for many years – culminating in the trade war between mid-2018 and early 2020. Although China’s failure to meet the commitments outlined in the Phase One trade deal did not see a broad resumption of trade hostilities, recent US policy moves have sought to curtail China’s technology sector which could constrain a key part of the country’s planned economic development.

For further details, please see the China Economic Update (December 2022)