Emerging markets in Asia-Pacific are expected to benefit from supply chain decoupling, as the US and Europe are looking to diversify risks in security-related industries, say analysts.
Steven Cochrane, chief Asia-Pacific economist at Moody's Analytics, told a recent online event held by Moody's that some of the decoupling between the US and China is taking place within the production of intermediate goods.
"A lot of it will likely be tied to incentives rather than government policies, particularly in Europe and the US where incentives are available to develop the semiconductor industry domestically," said Mr Cochrane.
