Is the UK too reliant on China in its global supply chains? A new report by the IPPR suggests that this may be the case (especially in areas dependent on battery technology). This prompts IPPR to suggest the Govt. adopts a logic of 'securonomics' which would focus on threats to international supply and diversify the sourcing of components & other valuable inputs. Part of the Q.must also be whether 'supply shocks' are supply-related or political? #SupplyChains #China

the Guardian

Over-reliance on China could hit UK energy supply chains ‘putting 90,000 jobs at risk’

Institute For Public Policy Research thinktank report calls on chancellor to pursue policy of ‘securonomics’

Interestingly the US Internal Revenue Service is exploring re-coding some activity by Sovereign Wealth Funds in the US as taxable commercial activity, thereby making it taxable.... while at the moment just a proposal it may be one more element in encouraging a pivot away from the US and towards other regions. As a large chunk of SWF money flows to private equity, its possible Trump will be heavily lobbied to halt the change. The politics of international investment is shifting! #USpol h/t FT