The biggest risk for business in 2023 is the geo-political volatility in the US-China relationship.
US-China conflict remains very unlikely in 2023, but competition and confrontation are moving from the trade and technology realms into the military domain. Neither side seeks nor is prepared for a military conflict in 2023, but both are striving to be ready for when a crisis comes”— Control Risks, RiskMap 2030
Security, cyber, operational and regulatory risks are also included in the report.
This builds on our analysis for some of the biggest risks and volatility for investors, including: