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Companies prepare for a ‘selective decoupling’ with China

For foreign businesses operating in the Middle Kingdom, it may be best to plan for uncertainty

©The Financial Times Limited 2020 Oct 11, 2021 / 12:13 PM IST
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Companies prepare for a ‘selective decoupling’ with China

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Leo Lewis The Asia-based managing partner of one of the world’s largest law firms last week set out what he reckoned was the prevailing story of foreign business in China in the final quarter of 2021. Corporate clients are spooked by a range of factors, he said, adding that global supply chains established over the past two decades are in unprecedented flux and the operative word in boardrooms is “decoupling”. Nonsense, I was told a day later by an ebullient Asia...

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