13
April
2016
|
00:34
Asia/Singapore

The world through the lens of Chinese supply chains

Dr Parag Khanna from the Centre on Asia and Globalisation at the Lee Kuan Yew School of Public Policy at NUS highlighted that in contrast to legalistic approaches that dominate Western thinking, China views the world almost entirely through the lens of supply chains and has adopted a ‘use it or lose it’ approach in the South China Sea; the Fiery Cross Reef, and the Arctic and Antarctic regions. He observed that China’s supply-chain grand strategy will persist irrespective of today’s economic downturn and market volatility, and that in the coming decade, this competition to control supply chains is how geopolitics will play out.