Lowy Institute's Varrall on Geopolitics

The video discusses the recent US-China diplomatic meeting, highlighting its symbolic significance despite the lack of breakthroughs. It explores unresolved issues like sanctions and tech crackdowns, emphasizing the need for businesses to remain cautious and adapt to geopolitical dynamics. The concept of derisking is examined, with a focus on strategic management and sector-specific strategies to navigate risks. Companies are advised to stay alert to geopolitical shifts and assess their strategic importance.

What does the term 'derisking' imply in the context of US-China relations?

What sectors are suggested to be more affected by geopolitical competition and why?

How might the definition of 'strategic' businesses evolve in the future according to the text?