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China Needs Access to US Market: Global Times Opinion

CHINA PRESS

China needs to preserve and widen its access to the U.S. market and should not narrowly interpret the term "inner circulation" as actively seeking to reduce dependence, Song Guoyou, the deputy director of center of U.S. research at Fudan University, wrote in Global Times. China still counts the U.S. as the top destination for exports and depends heavily on its advanced technology, including cancer drugs, and there was potentially a huge negative impact if the U.S. imposes financial sanctions, Song wrote. China should defend its engagement with the U.S. market and avoid measures that could worsen the decoupling.

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