Asian Insider: The risks of de-risking | The ambassador interview

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Asian Insider: The risks of de-risking | The ambassador interview
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Asian Insider brings you insights into a fast-changing region from our network of correspondents and commentators. Read more at straitstimes.com.

De-risking is framed as not over-relying on any one country for the supply of materials or as a market, in critical supply chains such as semiconductors and minerals.

a pointed speechcautioning that de-risking could similarly result in a more fragmented and decoupled global economy. Mr Wong, a trained economist, said: “It is hard to see how de-risking, at its current ambition and scale, can be strictly confined to just a few strategic areas without affecting broader economic interactions.”

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