The various shortages caused by problems with the global supply chain have provided the latest boost in momentum for an increasingly popular idea in Washington: making the American economy less dependent on China.
What policymakers refer to as “selective decoupling” is intended to protect the United States against some of the risks from China’s unsteady economy while also lessening the possibility that Beijing could use its economic tools coercively against Washington. In short, selective decoupling reduces two types of vulnerabilities: economic and strategic.
But one of the best, and most overlooked, ways to lessen China’s leverage is, counterintuitively, deeper coupling in certain areas. In other words, Washington should be playing offense, too, not just defense. Making China more dependent on the U.S. should be part of any strategic approach toward Beijing.