World's Dependence on China: Experts Discuss the Challenges of Decoupling

China's Economic Clout: A Global Dependence? Malaysia-based experts recently highlighted the world's significant reliance on China for business, particularly in critical technologies. The discussion, which included insightful analysis from several experts, revealed that China's manufacturing output surpasses that of the US, Germany, Japan, South Korea, and India combined. "China is now at 75% of these new critical technologies," stated one participant, emphasizing China's leading position in several key sectors. Concerns were raised about the difficulty of quickly replacing China's role, with the country's governing structure cited as a major factor. The panel discussion underscores the complex interdependence of the global economy and the challenges of decoupling from China's influence. The long-term implications of this dependence remain a subject of ongoing debate and analysis.