11min chapter

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Peter Harrell on Bureaucratic Barriers to Competition

ChinaTalk

CHAPTER

Bureaucracy and Compliance in Geopolitical Tensions

This chapter examines the intricacies of bureaucratic systems amidst the US-China rivalry and the lessons learned from the West's reaction to Russia's aggression in Ukraine. It highlights the challenges of implementing sanctions and export controls, the importance of corporate responsibility, and the need for improved compliance mechanisms without stifling innovation. Additionally, the discussion addresses the complexities of forced labor regulations and the historical enforcement strategies that shape corporate behavior in the context of global conflicts.

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