Regionalization: Avoiding Loss of Control

Many international companies are currently considering regionalizing their production and upstream supply chains for specific markets to a greater extent and making their subsidiaries in different world regions more independent of each other. The goal is to secure supply chains by deepening regional value creation and to better meet regional customer needs through regionally manufactured… Continue reading Regionalization: Avoiding Loss of Control

China and AI Research: A Global Leader

At the end of each year, China’s president Xi Jinping delivers his New Year’s Eve address, recorded in his office and watched by hundreds of millions of Chinese. The audience not only listens to Xi’s words but also closely scans the president’s bookshelf, searching for hints on China’s future political and economic ambitions. Last year,… Continue reading China and AI Research: A Global Leader