A recent Harvard Business Review article highlighted four key strengths of the Chinese economy with positive implications for multinational companies. Focusing on China’s innovation ecosystem, investment in the Global South, ultra-competitive markets, and potential 1.4 billion consumers, the analysis was compelling. Co-authored by high school student James B. Estes and Mitchell Presnick of Super 8 Hotels China, the article emphasized the need for greater engagement with China amidst geopolitical tensions.
While presidential candidates avoid open conflict with China, trade, technology, and Taiwan disputes may intensify. The lack of attention to China during the US election campaigns led to a drop in Chinese students studying in the US, citing rising anti-Chinese sentiment, crime rates, and visa denial fears. The increasing costs of studying in America also contribute as families consider education benefits against financial concerns, seeking more welcoming destinations.