Sino-American Similarities While China and the U.S. are in a competitive battle both strategically and economically, there are many similarities between the two countries. The rich are the target of Chinese President Xi Jinping’s campaign for “common prosperity” and the goal of more social equality. President Biden and his Democratic Party are determined to make America’s billionaire class “pay their fair share.” President Xi has moved to increase the role of the state in the economy and President Biden wants a $3.5 trillion increase in the federal government’s role in the American economy. Former Economist magazine editor Bill Emmott says both countries are “Middle Kingdoms” with other...
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...