Will China Really Face a Corporate Reckoning in 2022?

Ireland News News

Will China Really Face a Corporate Reckoning in 2022?
Ireland Latest News,Ireland Headlines
  • 📰 NYMag
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

On the latest episode of PivotPod, karaswisher and profgalloway solicit predictions from amyklobuchar, doctorow, and andrewrsorkin, who believes big business’s relationship with China may change dramatically

Xi Jinping has become more and more dictatorial in recent years. Photo: Noel Celis/AFP via Getty Images What will 2022 bring in the worlds of tech, media, and politics? On the latest episode of the Pivot podcast, Kara Swisher and Scott Galloway solicit predictions from Senator Amy Klobuchar, author Cory Doctorow, and CNBC’s Andrew Ross Sorkin, who believes big business’s relationship with China may change dramatically.

Andrew Ross Sorkin: Hey, Kara and Scott. My prediction of 2022? In a way we’ve never seen before, western companies are going to be grappling with China and human rights. Of course, so much of Silicon Valley has already left China, but many companies remain, like Apple and Elon Musk’s Tesla. And this year, in large part because of the Beijing Winter Olympics, the globe is going to be exposed to so many of the issues that are taking place there.

Galloway: I think he’s half-right, I think there will be a lot of headlines because the stories are dramatic and there is a real inconsistency, and we still have this delusion that the better angels of American companies’ CEOS are going to show up, and we’re hoping they’ll fill the void — and some have. There’s Ken Frazier, Marc Benioff … CEOs who are filling this kind of vacuum or trying to address the externalities. But I’m not sure Americans really care, and I know that’s a terrible thing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NYMag /  🏆 111. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China marks 84th anniversary of Nanking Massacre in WWIIChina marks 84th anniversary of Nanking Massacre in WWIIChina marks the 84th anniversary of the Nanking Massacre, in which hundreds of thousands of civilians and disarmed soldiers were killed by Japanese troops in and around the former Chinese capital.
Read more »

Former Harvard chemistry chair to stand trial for allegedly hiding ties to ChinaFormer Harvard chemistry chair to stand trial for allegedly hiding ties to ChinaNanotechnologist Dr. Charles Lieber, the former chair of Harvard’s Chemistry Department, will stand trial in Boston beginning Tuesday for allegedly concealing his ties to the Chinese government. GBH
Read more »

Mainland China reports its first omicron Covid caseMainland China reports its first omicron Covid caseThe omicron case was found in a traveler from overseas, who showed no symptoms but tested positive on Thursday, according to Tianjin's local health commission.
Read more »

U.S. blacklist puts China AI into local modeU.S. blacklist puts China AI into local modeArtificial intelligence startup SenseTime is delaying its $800 mln Hong Kong IPO after the mid-deal shock of Washington’s investment ban. Foreign backers can be mostly replaced by mainland money. But the boycott ends the sector’s global ambitions and accelerates tech decoupling.
Read more »

China targeted Taipei's allies while U.S. hosted democracy summit- Taiwan foreign ministerChina targeted Taipei's allies while U.S. hosted democracy summit- Taiwan foreign ministerNicaragua's decision last week to cut ties with Taiwan was part of a deliberate move by China to target the island's diplomatic allies after it was excluded from a democracy summit hosted by Washington, Taiwan's foreign minister said on Tuesday.
Read more »

Blinken touts deeper U.S. engagement amid concern over 'aggressive' ChinaBlinken touts deeper U.S. engagement amid concern over 'aggressive' ChinaSecretary of State Antony Blinken on Tuesday touted a U.S. strategy to deepen its Asian treaty alliances, offering to boost defence and intelligence work with partners in an Indo-Pacific region increasingly concerned over China's 'aggressive actions'.
Read more »



Render Time: 2025-02-26 01:15:56