The New Rules of Doing Business With China
Geopolitical tensions between the West and China are prompting numerous policy responses, but viewing them simply as a move toward economic decoupling is too limiting. Instead, by classifying policies as techno-nationalistic, techno-localistic, or protectionist, Western executives can better assess both risks and opportunities in doing business with Chinese companies. Navigating this complex landscape may involve realigning supply chains, offering incentives, increasing investments, or increasing engagement with Chinese partners.