How Chinese firms can avoid a Europe-style backlash in Southeast Asia

China’s technology companies face a question that no pricing strategy can answer: what will their success do to their trading partners? In Europe, that question has become politically urgent. European Commission President Ursula von der Leyen warns of a “second China shock”, linking persistent trade imbalances to the erosion of Europe’s industrial base. Europe’s dispute carries a broader warning: affordable products can coexist with deep anxiety over the loss of productive capability. If...