An analysis has claimed that if the West – the US, Europe and the UK – are to reduce their dependence on Chinese manufacturing, technology and supply chains, they will have to invest $23.6 trillion over and above what they plan to in the next 25 years. According to a report by consultancy EY-Parthenon (via The Financial Times), replicating the infrastructure, research, software, manufacturing and supply chains that the Western countries currently rely on China for would cost roughly $940 billion every single year until 2050.The report suggested the breakdown: the US would need to invest $13.7 trillion, the Eurozone…