On Hainan Island, China's Hawaii, in the shadow of sanctions, tit-for-tat tariffs and a looming trade war, China's paramount leader stood up for globalization last month by launching a surprise defense of world trade. Laudable though his position might be, Xi Jinping's bargaining position - and that of Donald Trump - may soon be irrelevant.
A confluence of technologies is poised to dramatically reshape the world of manufacturing and, in the process, render obsolete the existing international trade regime. A few get a lot attention: the rise of 3D printing, the application of internet-of-things (IoT) devices to shipping and logistics, the increasing prevalence of artificial intelligence and machine learning.
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