U.S.-China relations have not been so tense since before President Jimmy Carter and Chinese leader Deng Xiaoping agreed to exchange ambassadors in 1979. Attitudes have hardened especially in the last two months, in part because of the Covid-19 pandemic, and in part because of the troubling developments in Hong Kong. Some voices in the Washington establishment are even advocating a “decoupling” of the deep, complex business connections between the two countries that have been built up over decades.
5 Questions About China That Boards Should Be Asking Right Now
A closer look at the risks.
June 10, 2020
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Summary.
With recent developments in Hong Kong and an escalating trade war between the U.S. and China, boardrooms and CEOs need to take a close look at the risks of doing business in and with China. This article identifies five key areas of concern: supply chains, sales, exposure to legal changes, collaboration with Chinese companies, and digital security. Boards need to ask about these areas to properly understand how vulnerable they are to changes in U.S.-China relations.
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HBR Learning
HBR Learning
Global Collaboration Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Global Collaboration. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to overcome barriers when working globally.