America's next big test: The new era of economic statecraft | DW News

#economy #china #russia
Former Deputy National Security Advisor for International Economics and global macro-economist Daleep Singh explains how the era of unipolar ambition is over and how economic tools have become front-line instruments in geopolitical competition. He outlines what the West must do to reduce dependency on China in critical sectors, why the dollar remains dominant yet vulnerable, and how sanctions need to be paired with strategy, coalition and positive incentives, and not just punishment.