China’s reliance on the U.S. and its allies exceeds a staggering 70 percent—over 4,000 essential goods.
The numbers come from a new analysis on trade data.
Beijing denies weaponizing trade and instead pointed the finger at U.S. restrictions on tech exports to China.
Countries in one-on-one trade fights with China work to bypass Beijing by derisking and ally-shoring to build alternative supply chains.
The U.S. and its allies have the power to dissuade or even penalize China’s economic coercion when they work together, according to the International Security Academic Journal.