Ray and Jim welcome Isaac Stone Fish to discuss why he believes companies that want to do business with China are being compelled to make hard choices due to the increasingly fraught relationship with the U.S. and the West.
Isaac explains how the ongoing economic decoupling with China has been driven in large part by Beijing’s own policies, and that this process has been accelerated since the COVID-19 outbreak. He asserts that U.S. political and business elites, in their enthusiasm for what China might have been, have instead strengthened its authoritarian model to the detriment of the West.
Isaac urges companies to understand the risks inherent in their exposure to China’s market, and explains some of the economic challenges Beijing faces moving forward. He also warns that conflict is a real possibility that must be factored in.
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