API Geoeconomic Briefing is a series provided by the Asia Pacific Initiative, an independent think tank based in Tokyo. The series will look into geopolitical and economic trends in the post-COVID-19 world, with a particular focus on technology and innovation, global supply chains, international rule-making and climate change.
China¡¯s ¡°dual circulation¡± strategy, referring to the parallel emphasis on internal and international circulation, has been grabbing global attention after the term was first used in a May 14 meeting of the Communist Party Politburo.
China¡¯s central leadership proclaimed that the nation will ¡°fully bring out the advantage of its superlarge market scale and the potential of domestic demand to establish a new development pattern featuring domestic and international dual circulations that complement each other.¡±
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