Overwrought Reaction New Chinese Ambassador to the U.S. Cui Tiankai reinforced this week his reputation for hyperbole. He pointed to his country’s nuclear weapons capability as he warned policymakers in Washington against trying to suppress his country’s ambitions. He revealed hypersensitivity to two bills moving through Congress (U.S. Innovation and Competition Act and Ensuring American Global Leadership and Engagement Act) that basically increase the government’s investment in technology and encourage manufacturing. Their references to Taiwan and the pro-democracy movement in Hong Kong should not come as a surprise to Beijing and Ambassador Cui’s warning of “disastrous consequences” is particularly ove...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...