COVID lockdowns spreading. Factory shutdowns and closings. A plunging economy. Decoupling continuing apace. Foreigners held hostage. Expats leaving in droves. Travel warnings. Retaliatory sanctions. Russia sanctions. Persistant tariffs. Rising (and condoned) IP theft. Broken supply chains. Clogged ports. Soaring shipping costs. War with Taiwan? War with the United States?
We could go on and on. The bottom line is that China must be considered high risk.
In just the last couple of months China has reached another level of risk. Unprecedented multilateral sanctions have been placed on Russia and there is talk about extending some or all of those sanctions to China. Even if the EU and the United States do not put new sanctions on China, there already has been and will continue to be fallout from China having sided with Russia. Not only that, but the sanctions against Russia greatly impact doing business with China. Companies are looking to leave China or reduce their footprint there.
And then there is COVID in China and China’s COVID policy.
Russia’s war against Ukraine shows how quickly and easily geopolitical tensions can and do impact international trade.
- Is your company prepared for the new geopolitical reality?
- What can your company do to do avoid getting caught in the swirling economic and political crossfire?
- Do you have a plan for when China supply chains and market access suddenly change overnight?
- What should you be doing now to protect your business?
- What is China’s international future? What should your company’s future be with China?
Moderated by Joanna Chiu, senior reporter for the Toronto Star, and the author of China Unbound: A New World Disorder, join experts Brent Carlson, Isaac Stone Fish, and Dan Harris on Monday, April 25th at 1:30pm EDT / 10:30am PDT for this FREE 1.5 hour discussion critical for any company doing business in or with China.
You really should not miss this!