The Challenge of a Non-Bipolar Economic Order in Asia: Diverse Rules and Alliances Affecting Business
The traditional binary view of Asia as either America's or China's to win is not reflective of the region's realities. Many large and capable powers in Asia are setting diverse and sometimes competing rules on market and regulatory matters without looking to Washington or Beijing. This creates a challenge for businesses as they navigate the differing regulatory regimes of Asia's democracies. Despite expectations that China would fill the vacuum left by the United States in Asia, a number of countries have instead formed agreements without either superpower present, leading to a fragmented landscape in emerging industries like digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple’s RLUSD: Revolutionizing Payments with Speed, Security, and Multi-Chain Flexibility
Sui Network Boosts DeFi with Native USDC and Seamless Cross-Chain Transfers
Popcat Holders Embrace Rival Social Dating Platform GoodEgg Analyst Predict 100% Rally
ICP Whale Confidant That GoodEgg Will Be In The Top 10 Cryptocurrencies By 2030