New Economic World Order? Industrial Policies & De-Risking From China

CNA Insider

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43万回視聴・ 3101いいね・ 2024/01/19

New Economic World Order? Industrial Policies & De-Risking From China | When Titans Clash 3 - Part 2

USA, India, Europe, China - all of them are pursuing industrial policies in earnest, as de-risking with China deepens. What are the consequences of a new subsidy arms race, and how will it shape a new economic world order?

In the United States, we examine how a slew of recent policies have lifted the domestic economy but complicates developments elsewhere. In China, we look at how government action has created some of the world’s largest battery and green tech companies. In India, we analyze if it could replace China as a manufacturing powerhouse. In Indonesia, we see how Chinese, South Korean, and Western companies work together to process nickel and build electric vehicles- demonstrating that in a world divided by geopolitics, there is still much need for collaboration.

WATCH MORE When Titans Clash
Part 1: • China vs The West: Does Trade War Spe...

00:00 The end of globalisation?
01:41 TSMC's new semiconductor factory in the US
05:26 Protectionism and new US industrial policy
09:33 International semiconductor subsidy arms race
10:56 China's rapidly growing green tech sector
15:34 China scales up 'assembly line model' to its cities
17:05 China's de-risking actions?
21:52 De-risking's detrimental effects on Southeast Asia
23:40 International companies move manufacturing to India
26:18 China vs India: How do they compare?
33:03 Global powers woo India
35:40 Nickel mining in Indonesia
41:23 Indonesia's electric vehicle ambitions

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About the show: As de-risking deepens, China’s economy loses billions in investments. Is this the end of made-in-China, and the rise of new manufacturing powerhouses like India and Mexico? What is the new form of globalization that is emerging?
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