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The U.S. entering the Israel-Iran conflict over the weekend has dominated media headlines, but the rustlings this week at the “Summer Davos” conference in Tianjin, China, were more about navigating a future less intertwined with Washington.

A decade ago, goods, capital, tech and talent flowed between the so-called East and West; now it’s about flows between Global South countries, said Ben Simpfendorfer, Hong Kong-based partner at management consultancy Oliver Wyman.

“The mood [in Tianjin] reflects a changed world order. The Global South is more connected than ever.”