Discussion

• @adam_tooze Adam Tooze on x

  “In the past, western companies were concerned about taking electronic devices into the country over fears that China could access their data. Now they are equally concerned about sensitive data leaving China for fear of violating Beijing's rules.” https://www.ft.com/...

• @georgemagnus1 George Magnus on x

  Also US IRA looks to decouple from China's control over critical minerals essential to EVs and batteries such as lithium, cobalt, nickel and magnesium. So decoupling is in a lot of places and also in the trade data that belongs to the future if not now 6/6

• @hughhewitt Hugh Hewitt on x

  Xi's CCP is not subtle and it is not slow. Western companies need to do more than “decouple.” They ought to depart. If Xi forces conflict over Taiwan, their people and property will be in peril. Losses are foreseeable and won't be compensated by West govts https://www.ft.com/...

• @chadbown Chad P. Bown on x

  Almost 10% of roughly 500 European companies surveyed this spring by EU Chamber of Commerce in China said they were completely decoupling their China IT systems. Three-quarters said they had localised their IT systems and data storage to some degree. https://www.ft.com/...

• @georgemagnus1 George Magnus on x

  This is important in the great decoupling debate. Ok, de-risking if you prefer. It's fair to say that when it comes to trade per se, not much decoupling is evident. But elsewhere it's everywhere. 1/6 https://www.ft.com/...