Newsletter By 2024-03-01
Deglobalization is a deconstruction and reactionary response to globalization, while "glocalization" is the manifestation of this change in the fields of economy, trade, and investment. In the industry-centered era, the emphasis is on the strength of the industry, its ownership and control, and aims to be close to manufacturing centers along expanding. The model of "geopolitical manufacturing” has been shaping up. Industrial investments move from the "offshore manufacturing" in the globalization era to "nearshore manufacturing", "friendly shore manufacturing", and "return shore manufacturing" in the era of deglobalization. To "closely produce" is as a result of significant changes in manufacturing sectors. Less efficient "glocalization" will become a long-term trend, discussed researchers at ANBOUND.
>>Dr. Dick Voith, Chairman and Founding Principal at Econsult Solutions (ESI), shared
his views on remote working with the Penn Institute for Urban Research (Penn IUR), noting that remote work has been adopted in a time of historically tight labor market that has provided considerable leverage for workers. From a more micro perspective, the longer-term impacts of remote work on people’s career ladders which are frequently built on personal relationships are still largely unknown. The ability to outsource services not requiring in-person work could enhance profits of firms relying on in-person innovation by lowering some costs. Work from home (WFH) can reduce unplanned social interaction and enhance the ability to sort into more homogeneous virtual and bricks-and-mortar communities. In an era that is already characterized by sharp divisions about what a basic fact is, further sorting and segmentation is likely to further erode productive social cohesion.
As intense geostrategic rivalry becomes an enduring feature of the U.S.-China relationship, the Center for Strategic & International Studies (CSIS) and the Brookings Institution have launched a joint project, Advancing Collaboration in an Era of Strategic Competition, to explore and expand the space for U.S.-China collaboration on matters of shared concern. Social behavioral epidemiologist
Dr. Jennifer Bouey, Tang Chair for China Policy Studies at RAND Corporation has prepared a
report to explore collaborative public health efforts between the U.S. and China in combating HIV/AIDS from 2002 to 2018, an effort that produced notable benefits both globally and synergistically for the partner states. She concludes with several recommendations for preserving public health as a collaborative space amid heightened competition between the U.S. and China.
Chinese enterprises have strong willingness to continue participating in the global supply chain, while they must follow leading suppliers and end-users to move production overseas. China embarking on another round of "going out" that faces newly systemic challenges different from the past. Previously, those companies coped with market competition, tariffs, and mainly "market-related" issues. However, nowadays, they encounter various "non-market" issues and geopolitical backfires. How to avoid risks in global markets? The Chinese firms could choose to rely solely on themselves; Alternatively, they can take use of varied platforms, supply chain relationships or to collaborate with several partners. No Matter What decisions are for the businesses to keep a sustained and stable development, the difficulties are even greater and longer than before, discussed
He Jun, Director of Macro-Economy Research Center and Senior Researcher at ANBOUND.
>>Catherine Timko, Senior Advisor of ESI, analyzed several crucial patterns and trends in 21st-century retail. Showrooming, where consumers visit stores to touch and feel a product, is an emerging trend, especially for home goods and apparel retailers. Retail’s adoption of technology has also influenced some of these shifts. By using data from online orders, social media, and foot-traffic analytics, retailers can customize, even shrink inventories, to fit the local market. As a result, they can shrink their footprints to fit that inventory. In addition, changes and improvements to technology will continue to evolve and enable retailers and consumers to shop in innovative ways. Click
here to read more.
An
article written by
ANBOUND’s founder Kung Chan, published in the
CEO World Magazine, foresees that Toyoda would be a symbolic figure representing Asian businesses capable of competing head-to-head with Musk. Akio Toyoda, the ex-president and ex-CEO of Toyota, is vastly different from traditional Japanese entrepreneurs, as can be seen in his criticisms against electric vehicles. He pointed out the insufficient charging infrastructure for electric cars, considers EVs to be environmentally unfriendly and low-quality products.