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Fortune

David Austin

Companies and countries can stay nimble even as they navigate the ‘unexploded ordinance’ of U.S.-China competition, experts say

China Anwar Ibrahim Fortune Donald Trump

(Credit: Graham Uden for Fortune)

Fortune 500 companies are facing a reckoning, as the traditional playbook of scale, efficiency, and seamless global integration falters as the world drifts away from globalization.

There’s “incredibly high stakes” on the geopolitical front heading into 2026, James Crabtree, distinguished visiting fellow on the European Council on Foreign Relations, said on Monday during the Fortune Innovation Forum in Kuala Lumpur, Malaysia. Despite the “shaky truce” between U.S. President Donald Trump and China President Xi Jinping agreed last month, the landscape is still littered with “unexploded ordinance,” he warned.

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