Who Knows Business Better? Pundits, or Those In Business?
American CEOs overseeing a large and growing China presence know exponentially more about the on-the-ground reality in the country than do their critics.
American CEOs overseeing a large and growing China presence know exponentially more about the on-the-ground reality in the country than do their critics.
Walmart can offer ‘Everyday Low Prices’ because it makes up in bulk sales for lower prices charged per unit. This is worth remembering with the FTC’s mindless attacks on Amazon.
That Amazon would place all sorts of demands on its third-party vendors is logical, and once again obvious. Lina Khan may know she has no case, but if she doesn’t, she could find it through the Eras Tour.
Barr’s Google attack was contradictory, which is a waste of words. Any argument suggesting impregnable monopoly is by its very description contradictory. Worse for GOP is that Barr bragged that the initial federal attack on Google came from Republicans.
Wrapping its thoughtless actions in “national security” sanctimony, the Biden administration will weaken a U.S. always and everywhere made stronger by imports, all the while reducing the cost of war between the U.S. and Chinese by suffocating the very trade that, for making war so expensive, renders it unlikely.
The FTC’s focus is essentially on the past, while Amazon spends enormous amounts of money trying to discover the future
China’s Evergrande has been staring bankruptcy in the face since 2021. More recently, media members have fingered Country Garden as yet another large China property company that could fall. Supposedly this signals “crisis” for China. Not explained is why.
Corporate “whistleblowers” are billed by media types as innocents beset by scoundrels as they expose alleged wrongdoing inside corporations.