The findings in this research report demonstrate opportunities for more strategic alliances, including third-party investments and partnerships. This is particularly true for smaller firms and startups as they try to keep pace with larger competitors in 2021 and beyond.
China will likely be the biggest business disruptor of the 2020s, but the discussion about how to respond has yet to take shape. A strategic framework should rebalance the global supply chains, bolster competitiveness, adjust to China’s market size, and solidify the West’s appeal. While much of today’s fast-changing debate is focused on China’s competition with the United States, we believe this paper’s findings will prove relevant for many years to come.