looking beyond borders

foreign policy and global economy

Archive for the tag “Tim Cook”

Why Foreign Companies Need To Swallow Their Pride And Get Used To Apologizing To China.

Despite 35 years of rhetoric about China being open to foreign business, and explicit promises China made on its accession to the World Trade Organization in 2001, foreign companies in practice have no right to operate in China. China’s policy makers — and no small number of its people — still maintain that it is a privilege for foreign firms to be allowed to access the Chinese market. Moreover, that privilege may be revoked at any time for a range of reasons, some of which are not laid out in law or on contracts.

Apple is Making Computers In America Again. But The Future Of Manufacturing Is Not As Simple As A Return To U.S. Shores.

The news that several manufacturing giants are planning to bring some of their production back to the United States has dominated the headlines in recent months. Perhaps that’s because Americans see it as a bellwether of economic recovery, or perhaps it simply reflects their collective yearning for America’s past industrial dominance. Either way, the interest in these moves demonstrates the unique hold that manufacturing has on the public imagination.

But precisely because it captures our imagination, a powerful belief system has grown up around manufacturing that limits the policy debate as well as the range of strategic options Americans are willing to consider. This will need to change if U.S. business leaders and policymakers are going to make the most of emerging opportunities. Meanwhile, the global manufacturing sector continues to diversify and evolve in surprising ways — as the return of some manufacturing production to the United States indicates. Understanding this evolution is the key to the future.

Read Here – Foreign Policy

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