There is certainly nothing we can do to alter the course of these behemoths. We have no influence over policy, nor any command authority over ships and aircraft attacking Venezuela or potentially Greenland. That does not mean, however, that these events will not affect our ability to do business globally and particularly with China.
America’s New Year’s gift to the world is unprecedented instability, with the potential collapse of the global rules-based order. The impact on trade security cannot be underestimated or ignored. How China chooses to respond will shape global supply chains, business with and within China and the way international trade is settled.
These are big issues, and there is an understandable temptation to keep a low profile, shrug and say this has nothing to do with my small business as an exporter to or importer from China.
