Both the United States and China have recently announced policies that will affect each other and more broadly the global economy. The two largest economies in the world will shape the nature of business over the next thirty years in more pronounced ways than they have over the last thirty years of what has been a period where geoeconomics took precedence over geopolitics. Since 2001, when the U.S. granted China permanent Most Favor Nation trade status and China was formally admitted into the World Trade Organization, CEOs have operated their businesses to factor-in a relatively cooperative economic and geo-political relationship between the U.S. and China. But today, things are different.
The GET discusses with guests John Hamre, CEO of the Center for Strategic and International Studies and Sam Palmisano, Chairman of The Center for Global Enterprise and formerly Chairman of IBM, how U.S.-China relations have changed and what are the factors CEOs need to address over the next few years. Below are some of the points raised during the discussion.
Find the full episode here.Back to News and Press