“If war takes place and the US wins, your property and your investments in China are still going to be confiscated, seized. If you try to keep your investments in China and there’s a war and the US loses, then you could wind up losing property rights as the result of instability here, depending on how the war plays out,” says Dr. Ian Oxnevad on the final installment of the Riskology special series. He and Tom discuss China’s political landscape and its impact on global business.
Dr. Ian Oxnevad is the Director of Geopolitical Risk Intelligence for Infortal Worldwide, with a background in political science and national security studies. He is also the host of The Riskology Podcast.
You’ll hear Ian and Tom discuss:
- Risks associated with China in terms of trade, political conflict and competition, as well as China’s robust response to COVID-19. Ian also discusses the impact COVID-19 had on China’s public health and its policies.
- The current tensions between China and Taiwan and the possibility of war.
- Looking towards India as an alternative source of investment due to longer term macroeconomic and geopolitical trends, as well as a larger domestic market with fewer political issues compared to China. Ian also touches on India’s aviation market and the opportunities and potential for US companies.
- India as a better possibility for companies wishing to relocate from China as it has the ability to defend itself and maintain supply chains should China go to war. India also has experience with democratic governance so it is less susceptible to authoritarianism.
- US companies should consider nearshoring or reshoring from China to mitigate risks and the US government could provide tax incentives, grants, and other incentives to facilitate reshoring efforts.
Resources
Infortal Worldwide | Email | Tel: 1.800.736.4999 | Podcast
