“a thorough and all-encompassing decoupling from China would require from companies making such a move an investment of hundreds of billions of dollars in newly located factories, and from governments equivalent amounts to fund new infrastructure, like airports, transportation links and housing, to serve the relocated supply chains. Notwithstanding that the political desire for decoupling may in some cases be stronger than the actual ability to do so, the direction of the trend is nonetheless clear. The Japanese government made this obvious when it set aside 243 billion of its 108 trillion Japanese yen rescue package to help Japanese companies pull their operations out of China. On multiple occasions, the US administration has hinted at similar measures.”
― Klaus Schwab, COVID-19: The Great Reset
Another cold day of training in the Fox Hill Apts. parking lot.
Subscribe to:
Post Comments (Atom)
Accounting: The Language of Business - Vol. 2 (Intermediate: Part 145)
2 Corinthians 8:21 "Money should be handled in such a way that is defensible against any accusation" Short-Term Operating Assets: ...
-
Measurement Methods by Charles Lamson There are two major measurement methods: counting and judging. While counting is preferre...
-
Product Life Cycles by Charles Lamson Marketers theorize that just as humans pass through stages in life from infancy to death,...
No comments:
Post a Comment