Commentary: Interoperability, Not Isolation ― Using Trade Data to Navigate a Fragmented World
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Tariffs, protectionist policies and tightening regulations have made global supply chains more uncertain than ever. Companies are struggling to decide where to produce and invest, while governments balance domestic pressures against the realities of international trade.
Many have responded by turning inward. Nearshoring and “friend-shoring” are often seen as ways to reduce exposure to global shocks. Yet these approaches can also lead to higher costs and greater inefficiencies. Real resilience comes not from isolation, but from interoperability — the ability for trade systems and digital platforms to connect securely across borders.

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- Global supply chains face uncertainty due to tariffs, protectionism, and regulation, prompting nearshoring and friend-shoring but raising costs.
- Interoperable digital trade systems, like SGTraDex, enable secure data exchange, reducing fraud, easing trade finance, and improving resilience.
- Asia is advancing digital trade connectivity via regional initiatives, fostering transparency, foresight, and stronger, more adaptable supply chains.
- Singapore Trade Data Exchange Services Pte. Ltd.
- **Singapore Trade Data Exchange Services Pte. Ltd.** (SGTraDex) is a public-private partnership based in Singapore. It focuses on enabling trusted and secure data exchange within the supply chain ecosystem. The company provides a secure, common infrastructure for data exchange, allowing different industry systems to connect while maintaining data privacy and control. Tan Chin Hwee is the chairman of the company.
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