Hinrich Foundation：2025年政治风险、经济胁迫和去美元化的汇聚报告（英文版）

In recent months, the United States has sought to reorder the international system over which it presided for decades. As a result, the global economy is undergoing an enormous transformation and its future shape is in doubt. One of the major sources of political risk is the growing use of coercion in the realm of trade, finance, and investment. Such policies have been increasing in frequency in the last decade: Chinese embargoes and export controls, Russia’s severance of energy flows, and the g