The rise of autarky How self-reliance is redefining trade
Oct 22, 2021
4 minutes
By Martin Farrer
When Xi Jinping promised the world’s movers and shakers in January 2017 that China would champion globalisation, it looked as if the baton of global economic leadership was being picked up seamlessly by Beijing as Donald Trump prepared to usher in an era of American isolationism.
Almost five years later a new world order has emerged, but it is not the one those gathered in Davos that day seemed to have in mind. Instead of a continuation of the post-cold war era of growth underpinned by free trade, the world faces a fractured economic system where the post-pandemic supply shock and mistrust bred by
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