de-risking

As Electronics Suppliers Shift Away From China, They Can’t Lose Sight of Climate Goals

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With India’s Electrical Grid Under Strain, Rural Hospitals and Clinics Find Reliable Power in Rooftop Solar

China has long held a key position in the global electronics supply chain, from manufacturing of iPhones to home appliances. However, in recent years, some electronics manufacturers have diversified the geographic distribution of their production capacity in response to rising costs and geopolitical uncertainty, a trend that was accelerated by COVID-related supply chain disruptions. The … Read more

De-Risking’s Blind Spot: China’s Targeting of Global Civil Society

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Identity Politics in U.S. China Policy Could Backfire

“De-risking” has become the buzzword in China policy circles since G-7 leaders endorsed the concept in May of last year. The task of reevaluating the complicated global supply chain with the People’s Republic of China (PRC) has catapulted to the top of elites’ minds from Washington to Brussels to Tokyo. However, this laser focus on … Read more

How to De-Risk From China: Lessons From Italy

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Hedging ‘Light’: Italy’s Intermezzo With China’s Belt and Road Initiative

Italian policymakers have echoed other Western voices in calling for “de-risking,” especially avoiding economic overreliance on China. Italy, like fellow European governments, insists that de-risking is distinct from decoupling; indeed, de-risking has been largely fashioned to avoid the decoupling debate.  Discussion on these issues began in Italy in the aftermath of the Giuseppe Conte government’s … Read more

The De-risking Push Misunderstands China’s Manufacturing Strengths 

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The De-risking Push Misunderstands China’s Manufacturing Strengths 

Amid escalating geopolitical tensions, the United States has grappled with the challenge of “de-risking” its trade relations with China over the past three years. This involves reducing dependence on China’s predominant role in global supply chains through measures such as tariffs, sanctions, and the exclusion of tax credits. The objective is to incentivize manufacturers to … Read more

How China Lost Europe

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How China Lost Europe

Does China value its relationship with Europe? Given the significance of mutual economic ties – second only to those with the United States – the answer should be an unambiguous yes. But Beijing’s diplomacy toward the continent says otherwise.  Despite numerous high-profile visits to China by European leaders, from France’s Emmanuel Macron to Germany’s Olaf … Read more

Can the Biden-Xi Summit Chart the Course to a Stabilized China-US Economic Relationship?

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Can the Biden-Xi Summit Chart the Course to a Stabilized China-US Economic Relationship?

The anticipated meeting between Chinese President Xi Jinping and U.S. President Joe Biden is set to take place during the APEC summit in San Francisco next week. This meeting has generated global interest because it holds the promise of more constructive bilateral ties, including improving economic relations between the two largest economies in the world.  … Read more

The De-risking State in Southeast Asia

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The De-risking State in Southeast Asia

Advertisement Investment involves risk. The return the investor expects to receive is what justifies the risk. The higher the expected return, the higher the risk. This is a fundamental concept in economics and business. When it comes to global financial flows, especially in emerging markets, this equation is sometimes altered. Investors want high returns to … Read more

Sailing the Seas of Economic Security

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Sailing the Seas of Economic Security

Advertisement In the security state that Chinese leader Xi Jinping is building, economic security matters. But in the “securitization of everything” that is emblematic of his governing style, how crucial is it exactly?  Economic security is just one of the 16 areas outlined in Xi’s 2014 vision of “comprehensive national security” (总体国家安全). This concept encompasses … Read more

The Green Great Game Is This Century’s Space Race

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The Green Great Game Is This Century’s Space Race

Advertisement The upcoming COP28 global climate conference, which follows U.S. Climate Envoy John Kerry’s recent visit to China, has renewed the narrative of climate change as a catalyst for cooperation. However, rather than being a benign area of engagement, it has become apparent that the energy transition is ushering in a new era of geopolitical … Read more

What Do China’s Neighbors Think of De-risking?

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What Do China’s Neighbors Think of De-risking?

Videos | Economy | East Asia Christina Lai, Kazuto Suzuki, and Wonho Yeon discuss the de-risking calculus for Japan, South Korea, and Taiwan. Advertisement With the United States leading the charge, more and more countries are growing concerned about economic over-reliance on China. From supply chain disruptions to economic coercion, the risks are ever-more apparent. But for close neighbors … Read more