In Asia, geopolitics has moved onto the deal sheet

Private equity firms can no longer treat government as a regulatory afterthought

Steven Okun and Derek GrossmanMay 20, 2026 05:05 JSTThe Manus AI agent app is displayed on a mobile phone near the logo of U.S. tech giant Meta, in this illustration picture taken April 28, 2026. © Reuters

Steven Okun is CEO of APAC Advisors, a geostrategic consultancy based in Singapore. Derek Grossman is a professor of political science and international relations at the University of Southern California.