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We are in the early stages of a global US de-risking exercise
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Social distancing from the world’s hegemon is a painful business, especially if you are an ally.
PHOTO: REUTERS
Edward Luce
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The world until recently believed that US-China decoupling was on the way. It turns out that most countries are now scrambling to de-risk from America.
As US Federal Reserve chairman Jerome Powell, Denmark, one of America’s most loyal allies,

