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‘Deglobalization’ has been bandied about now for almost a decade, capped off with the war in Ukraine and its geopolitical and geoeconomic impacts on global trade, investment, and finance. However, there have been and continue to be developments that run counter to the argument that we are living in a period of deglobalization. For example, China’s state firms are major investors in Latin America’s energy, roads, dams and other infrastructure, and space industries. In fact, China has...