Amid rising tensions, ‘friendshoring’ might keep global trade alive
- Written by Carlo Pietrobelli, Professor of Economics, UNESCO Chair, United Nations University
Blossom Stock Studio/ShutterstockThe world economy is at a crossroads. International trade is slowing, economic uncertainty is rising, and trade between the US and China – the world’s two largest economies – risks pulling apart. And it is not just trade: the two countries also invest less in each other than they did just a few...







