The US and the basket of Western interests it represents is in a tug of war with China over how well their businesses can compete within SE Asia/Japan. This is

The US and the basket of Western interests it represents is in a tug of war with China over how well their businesses can compete within SE Asia/Japan. This is why you'll see the phrase "regulatory harmonization" thrown around a lot; China does business by one playbook, the West does it by another, and whosever playbook all the countries in the middle choose to read from will have lower entry barriers to their markets.