Riskful Thinking: Navigating the Politics of Economic Security

De-risking has become a crucial strategy in the economic policy of key trade blocs, aiming to reduce vulnerabilities and reliances from economic interdependence. As supply chains grow more interconnected and geopolitical tensions persist, countries are adopting measures to enhance economic security by diversifying supply sources and strengthening domestic industries.

This shift impacts global trade dynamics and requires businesses to review their strategies and footprint to increase resilience and flexibility. While de-risking offers a path to greater stability, it also presents challenges in balancing open trade relationships with securing national economic interests. This event will:

• Summarise and compare strategies and policies adopted by the European Union, China, and the United States to manage economic risks and strengthen their respective economic security
• Deep-dive into China’s risk management approach
• Discuss implications for European businesses operating in China
• Explore strategic implications for Singapore’s economic and trade policy and European business stakeholders operating from regional HQ in Singapore