Decoupling is the last thing on business leaders’ minds

decoupling is the last thing on business leaders minds

Sumary of Decoupling is the last thing on business leaders’ minds:

  • Designed to be more useful than Davos, less Utopian than COP26 and less wooden than China’s Boao forum, the summit convenes some of the figures who built Sino-American links over the past decades, and bosses and investors responsible for over $20trn of market value.
  • Amid hygienically controlled flesh-pressing, and relentless nasal swabbing, you could get a sense of the tensions between the world’s two biggest economies.
  • Gina Raimondo, the commerce secretary, said America would launch a new Asian economic “framework” in 2022 (it has not joined CPTPP, a regional free-trade deal).
  • The impossibility of Asia decoupling from China is brought home by a tech boss who reckons 80% of goods sold on South-East Asia’s booming e-commerce platforms are from the Middle Kingdom.

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