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. Geopolitical tensions between the West and China are deepening. As a result, Western governments, especially in the U.S. and Europe, are hardening their rules toward Chinese companies. Although many Western executives see these policies as moving in a common direction ' toward an economic decoupling ' this view is too limiting. Instead, by learning to classify the policies into three distinct buckets ' techno-nationalistic, techno-localistic, and...
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