Keith Krach to CEOs: Present your China Contingency Plan
As the world watches the unprovoked and bloody invasion of Ukraine, more than 300 of the West’s most prominent corporations are frantically curtailing or withdrawing their business from Russia.
But for a far broader set of companies, there’s a much more dangerous threat looming on the horizon: Russia’s totalitarian twin and closest military and economic ally–China.
Fortune Magazine: Present Your China Contingency Plan at The Next Board Meeting
As the world watches the unprovoked and bloody invasion of Ukraine, more than 300 of the West’s most prominent corporations are frantically curtailing or withdrawing their business from Russia.
But for a far broader set of companies, there’s a much more dangerous threat looming on the horizon: Russia’s totalitarian twin and closest military and economic ally–China.
It does not take a Ph.D. in international affairs to understand the common threads that underpin the China-Russia partnership. Both governments are known for lawless behavior, duplicity, bullying, domestic oppression, coercive economic practices, and grave human rights abuses.
Read more at Fortune.com
A conversation with US Secretary of Commerce Gina Raimondo
US Secretary of Commerce Gina Raimondo joined Keith Krach in a conversation about implementing the CHIPS and Science Act to compete with China in semiconductor manufacturing.
“US companies are increasingly considering relocating their operations from China,” Secretary Gina Raimondo said, after many had to close their Russian operations earlier this year amid Moscow’s war against Ukraine.
Keith Krach on Yahoo Finance: Global CEOs MUST develop a China Contingency Plan
Keith Krach, former Under Secretary of State, joined Yahoo Finance to talk about General Secretary Xi Jinping’s embrace of state owned firms versus private companies, Xi’s removal of former Chinese President Hu Jintao — predecessor as party leader, and why the time is now for CEO’s across the globe to prepare a China Contingency Plan.