Thanks to the Chinese market, unsustainable supply chains in Southeast Asia just won't go away.
Illustration by Nate Kitch
Sukanto Tanoto beamed as he shook Xi Jinping’s hand. It was 2015, and the fact that Tanoto — an Indonesian billionaire who was born to Chinese immigrants — had been invited to attend the conference in Hainan, China, was something of an honor. Only two other overseas Chinese entrepreneurs were reportedly included in the discussion, which centered on regional economic integration and financial cooperation around the then-novel Belt and Road Initiative.
Tanoto had worked hard for his invit
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The former Biden official and China scholar makes the case for the previous administration's approach and discusses why Beijing is content to watch the U.S. now dismantle its sources of strength
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