Our Scans · State-Directed Capital and the Repricing of Strategic Assets · Weekly Summary

• [New] French growth is expected to remain resilient, driven in particular by public investment (both French and European) in defence and private investment in AI. economic-research.bnpparibas.com
• [New] The foreign direct investment (FDI) screening framework in Finland is going through a major revamp to address the risks to national security, security of supply, and undue foreign influence, more efficiently. CELIS Institute
• [New] Maryland is betting it can hold two ideas at once: that AI will change almost every job, and that traditional public investment still matters. Technical.ly
• [New] The United States and Indonesia will cooperate to increase supply chain resilience, address duty evasion, and ensure adequate export controls and investment security. The White House
• Asia's energy advantage: China's renewable surplus may become a strategic asset in the AI race; energy efficiency could overtake transistor density as the key constraint. Amova Asset Management - New Zealand
• Without major shifts in US industrial policy and long-term procurement contracts, America risks strategic vulnerability in a drone war driven not just by AI and autonomy, but by sheer output. Asia Times
• To effectively counter the risk of deindustrialization, Europe needs a coordinated industrial policy that can help foster strategic sectors - from semiconductors to clean technologies - while ensuring that critical capabilities are developed and retained within Europe. Social Europe
• Supply chain resilience remains a critical investment priority following recent global disruptions. BUSINESS 2.0 NEWS
• Only 20% of survey respondents expect significant reshoring, while 40% anticipate mild relocation to the US in select sectors, primarily capital-intensive industries like electronics, biotechnology, and metals. maseconomics
• On the U.S. side, deploying strategic financing, promoting vertical supply chain integration, and offering targeted tariff exemptions to advance national and economic security objectives will be critical to a successful partnership. Center for Strategic and International Studies
• Downside risks involve regulatory pushback, particularly from CFIUS or congressional scrutiny on foreign sovereign investment in critical energy infrastructure. Kalkine
• Most of the need driving government investment in quantum technologies seems tied to worries about national security, with the Ambassador of Denmark to the United States, Jesper Moller Sorensen, notably warning that technologies that protect us can also be used against us. Blog
• OpenAI's policy proposals are multifaceted, seeking to create a new industrial policy agenda that ensures AI expands access, agency, and opportunity for all citizens. Kavout
• Foreign direct investment flows from the EU to India are expected to increase by €100 billion over the next decade, creating one million jobs and strengthening the EU's economic security by diversifying supply chains away from China. Lupicinio
• Ultimately, despite some waste and conflicting priorities, China's AI industrial policy will help Chinese companies compete with U.S. AI firms by providing talent and capital to an already strong sector. Rand Corporation
• Gartner, democratized AI is shaping up to be one of the most disruptive trends this decade, turning AI into a strategic asset at scale throughout the organization. Talentelgia
• The increasing focus on critical technology and supply chain resilience by the US and its allies presents an opportunity for Pakistan to attract investment in sectors where it can develop competitive advantages, provided it can offer a stable and predictable investment climate. The Grand Review

Last updated: 08 July 2026