Between 2016 and 2020, technology-related foreign direct investment between the United States and China has fallen by 96%, according to research from Bain & Company. In a section of the company’s annual Technology Report, Karen Harris coauthored a piece about how US-China FDI in technology has plummeted and how that decoupling will affect companies moving forward. Karen Harris is the Managing Director of Bain’s Macro Trends Group, and we chatted with her about falling bilateral tech FDI, US and Chinese indigenous tech drives, and how companies should think about the shifting environment.