In this episode of Lawbalization, host Jonathan Bench speaks with Isaac Stone Fish, founder and CEO of Strategy Risks and author of America Second. A leading expert on China risk and geopolitics, Isaac shares insights on how companies can identify and manage their exposure to China, the complexities of decoupling, and what global executives often overlook about political and ethical risks. He and Jonathan explore Beijing’s influence abroad, the realities of doing business under Communist Party oversight, and the fine line between engagement and dependency. Isaac also reflects on his years as a journalist in China, how his perspective has evolved, and what corporate leaders should prepare for in an increasingly unpredictable U.S.–China relationship.