World Perspectives

China Rebuts U.S.; Political Pickle; Risk of Piecemeal; G-20; Deal Skepticism and Market Mover

China Rebuts U.S. China’s ambassador to the WTO, Zhang Xiangchen, had clever reactions to the U.S. criticism of his nation’s economic system, but that only creates worse worries for the future. He said that China never promised to switch from being a “socialist market economy” to a U.S.-style one as part of its accession plan. There was an assumption that China would change, but the ambassador correctly noted, “There is no one-size-fits-all ‘market economy’ standard in the world.” To his point, many of the transatlantic disputes evolve from ones over regulating the power of the market on the economy. Zhang is also correct that the WTO does not define a market economy and that the organizatio...

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From WPI Consulting

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.

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