Summary
- The era of traditional globalization may be coming to an end as regulations and costs increase
- "Glocalization" provides an alternative way forward,
De-risking or De-coupling: Recent "Glocal" Trends in the New Energy Vehicle Sector
Speculation is growing about the potential extent of U.S. and China decoupling, which brings increased costs and regulatory restrictions. Thinking creatively about supply chain solutions, including building overseas factories local to the end consumer, may mitigate those effects, write Scott Yu and Frank Jiang of Zhong Lun Law Firm
By
Susan Mok