Hanwha’s overreach shows how to misplay US-China power game

As the world fractures into rival blocs, middle powers are rediscovering an old temptation: using great-power rivalry to extract short-term gains. From Seoul to Riyadh to Ankara, mid-sized states are testing how much leverage proximity to US–China tensions can buy. But when national champions confuse tactical advantage for strategic influence, the result is often self-sabotage.
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