Wall Street Journal (August 26)
In the “latest retreat by U.S. companies,” IBM is shuttering its R&D operations in China. “Geopolitical tensions between the U.S. and China have led many multinational companies to reassess their business in China.” IBM once viewed “China as a major growth market,” but its market share has plummeted. Revenue dropped nearly 20% last year when “Beijing pushed Chinese buyers to purchase more from domestic technology suppliers, in a campaign dubbed ‘Delete America.’”
Tags: China, Companies, Geopolitical tensions, Growth, IBM, Market share, Multinational, R&D, Reassess, Retreat, Revenue, Shuttering, Suppliers, Technology, U.S.
Chicago Tribune (May 4)
“To defeat the coronavirus and prevent future outbreaks, Americans need to reassess some ingrained social customs and lax sanitary practices.” It’s time to adapt the Japanese customs of “bowing instead of handshakes, using face masks and removing shoes before entering homes are deep-rooted and hygienic.”
Tags: Bowing, Coronavirus, Face masks, Handshakes, Ingrained, Japan, Outbreaks, Reassess, Shoes, Social customs, U.S.
