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Opinion

Cost of tech decoupling much higher than it appears

Reviving the multilateral trading system would be in everyone's interests

| China
Kunpeng 920 chipset is on display at Huawei's booth during an exhibition in Beijing in September 2020: More protectionism, less innovation, higher prices will be decoupling's inevitable results.   © Reuters

Craig Burchell is senior vice president of global trade affairs at Huawei Technologies.

As the World Economic Forum convenes online this week rather than in Davos, its participants will discuss how to move "beyond geopolitics." Trade wars, populist politics and COVID-19 have led countries to question their reliance on global supply chains and retreat into a defensive posture of self-sufficiency, choking off the cross-border trade that has long fueled global growth.

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