Dr Rebecca Harding, CEO of Coriolis Technologies talks to Trade Finance TV’s Clarissa Dann about how rhetoric and politics is impacting trade growth, and the importance of ensuring that digital trade along with trade in services is also factored into growth assessments
She makes the point that everyone is keen to avoid a full-blown trade war, and that for the US the issue is less about China and trade and more about protecting national security and intellectual property.
Noting that China has started to plant soya beans now that US supplies are compromised, Harding explains how China is forging new alliances to protect supply chains. “The flip side of globalisation is localisation and that has been the case for a long time – how this pans out will be very interesting.”
Another area to watch is who invests in the Belt and Road Initiative and how this develops.
