Monday, June 12, 2023

g-f(2)1168 THE BIG PICTURE OF THE DIGITAL AGE (6/12/2023), The Economist, Is doing business in China becoming impossible for foreigners?


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g-f KBP (Knowledge Big Picture) Graphic



genioux Facts: 
  • The Economist's article, "Is doing business in China becoming impossible for foreigners?" is a veritable treasure trove of knowledge that provides a factual account of the challenges that Western executives are facing in China.
  • This knowledge story is one of 3,628,800 possible stories that can be generated from 10 golden nuggets of knowledge, also known as genioux Facts, extracted from The Economist golden knowledge container.
    1. Fact 1. Selective enforcement of draconian data and spying laws is scaring Western companies. Foreign companies determined not to give up on their Chinese dream find themselves in an impossible situation. They must comply with Western sanctions and, at the same time, with China’s ever more draconian laws and Mr Xi’s desire to control cross-border flows of information. To make the system work, either China or the West must turn a blind eye. China used to be willing to do this for the sake of economic growth. No longer.
    2. Fact 2. Judging purely by the steady stream of Western executives crossing the Pacific, China is picking up where it left off before the onset of covid-19. President Xi Jinping’s top officials have been greeting them with a mantra that, after a pandemic hiatus, “China is back in business.” Once the executives settle in, though, many are finding the place a lot less welcoming. 
    3. Fact 3. In April the government strengthened an already strict anti-espionage law and, according to the Wall Street Journal, put China’s spymaster in charge of cracking down on security threats posed by American firms.
    4. Fact 4. Officials invoke hazily worded data-related laws introduced during the pandemic, which perplex many foreign businesses, American or otherwise. Something as innocent as sharing an email signature, considered under some interpretations of Chinese data laws as personal information, with a recipient abroad can get you into hot water.
    5. Fact 5. The space for foreigners doing business in China was already being constrained by restrictions that their own governments, led by America’s, have placed on Chinese companies amid rising geopolitical tensions; more than 9,000 Chinese firms have been hit by Western sanctions, according to Wirescreen, a data provider. 
    6. Fact 6. Now Mr Xi is shrinking businesses’ room for manoeuvre further. Worse, even cautious movements within the room that remains can invite disaster. A spate of spectacular cases in recent months has sent chills down the spines of foreign executives. Some foreigners are throwing in the towel. On June 6th Sequoia Capital, a stalwart of Silicon Valley’s venture-capital industry, decided to part ways with its Chinese arm, which will become a separate firm.
    7. Fact 7. On June 10th the Financial Times reported that Microsoft would move a few dozen top artificial-intelligence researchers from China to Vancouver, in part to avoid them being poached by Chinese big-tech rivals, but also for fear of harassment by Chinese authorities.
    8. Fact 8. The boss of a Swiss asset manager whispers, “I don’t think [China] is investible, honestly.” Many foreigners concur. Still, for most of them China remains too big a prize to forsake. Those that stay put must therefore learn to live with not one pushy superpower, but two.
    9. Fact 9. Even humdrum administrative and legal footwork required in most business dealings, from writing emails to exchanging bank-account information, is becoming fraught. Whereas historically foreign firms worried most about leakage of their intellectual property to Chinese rivals, now they fret about the flow of information from their Chinese partners to them, notes Diana Choyleva of Enodo, a research firm in London. The boss of a global law firm says he can technically no longer correspond with his partners in China. When the Chinese company in question has links to the state, as many do, any of its information could be classified as a state secret.
    10. Fact 10. Concerns are mounting, too, over the threat of multinationals’ money being seized or frozen in the event of a conflict between China and the West, says Mark Williams of Capital Economics, a research firm. In response, advisers say that some foreign firms are putting in place corporate structures that would reduce their overall financial exposure to the country and its capital controls.
  • g-f(2)1168 shows how to use two constructors of g-f golden knowledge stories: g-f KBP Chart and g-f KBP Graphic.




g-f KBP (Knowledge Big Picture) Chart



genioux Foundation Fact: We live in a wonderful New World of Transformation [g-f(2)1100] that offers us a fabulous treasure tailor-made for unlimited growth. The fundamental challenge for everyone, people, companies, organizations, countries, is to find the right balance between running and transforming! [g-f(2)1099, g-f(2)1058]



g-f(2)1168: The Juice of Golden Knowledge








REFERENCES


Is doing business in China becoming impossible for foreigners? The Economist, June 11, 2023.



ABOUT THE AUTHORS


The Economist


The Economist is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by the Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim.




Some relevant characteristics of this "genioux fact"

  • NUGGET KNOWLEDGE
  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from The Economist]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities to those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts.



References


“genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1168, Fernando Machuca, June 12, 2023, Genioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.



The 100 most recent "genioux facts"


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  • A list of genioux facts for those taking the GKPath, the digital highway to limitless growth.
    1. g-f(2)1167 Lighthouse of the big picture of the digital age, geniouxfacts, g-f Stories of Relevant Facts of China's Preparation for War, 6/11/2023
    2. g-f(2)1166 Lighthouse of the big picture of the digital age, geniouxfacts, g-f Stories of Relevant Facts of the AI Revolution, 6/9/2023
    3. g-f(2)1165 THE BIG PICTURE OF THE DIGITAL AGE (6/9/2023), geniouxfacts, “genioux facts”: The Foundation of the New World of Prosperity for All
    4. g-f(2)1164 THE BIG PICTURE OF THE DIGITAL AGE (6/7/2023), Andreessen Horowitz, g-f Stories about Why AI Will Save the World
    5. g-f(2)1163 THE BIG PICTURE OF THE DIGITAL AGE (6/6/2023), CNBC, g-f Stories about Apple's Practical Approach to Artificial Intelligence
    6. g-f(2)1162 THE BIG PICTURE OF THE DIGITAL AGE (6/4/2023), geniouxfacts, The Road to Personal Greatness: AI, Personal Digital Transformation, and the Golden Knowledge Path
    7. g-f(2)1161 THE BIG PICTURE OF THE DIGITAL AGE (6/3/2023), geniouxfacts, g-f Stories about The Acceleration of AI Revolution in Education
    8. g-f(2)1160 THE BIG PICTURE OF THE DIGITAL AGE (6/2/2023), geniouxfacts, Leaders’ Path to Greatness: Illuminated by AI
    9. g-f(2)1159 THE BIG PICTURE OF THE DIGITAL AGE (6/2/2023), geniouxfacts, Visionaries’ Path to Personal Greatness: Illuminated by AI
    10. g-f(2)1158 THE BIG PICTURE OF THE DIGITAL AGE (6/2/2023), geniouxfacts, The Road to Personal Greatness: 10 Golden Nuggets of Knowledge
    11. g-f(2)1157 THE BIG PICTURE OF THE DIGITAL AGE (6/1/2023), geniouxfacts, g-f Stories that Capture the Impact of AI in The Road to Personal Greatness
    12. g-f(2)1156 THE BIG PICTURE OF THE DIGITAL AGE (5/30/2023), geniouxfacts, The AI Revolution Story for Firms and Individuals
    13. g-f(2)1155 THE BIG PICTURE OF THE DIGITAL AGE (5/30/2023), geniouxfacts, The AI Revolution Story for Visionaries
    14. g-f(2)1154 THE BIG PICTURE OF THE DIGITAL AGE (5/30/2023), geniouxfacts, The AI Revolution: 10 Golden Nuggets of Knowledge
    15. g-f(2)1153 THE BIG PICTURE OF THE DIGITAL AGE (5/29/2023), geniouxfacts, g-f Stories that Capture the Exceptional Acceleration of the AI Revolution
    16. g-f(2)1152 THE BIG PICTURE OF THE DIGITAL AGE (5/29/2023), geniouxfacts, A Single Quote Capturing the Acceleration of the AI Revolution
    17. g-f(2)1151 THE BIG PICTURE OF THE DIGITAL AGE (5/29/2023), geniouxfacts, A Single Quote Capturing Opportunities, Risks and Alerts on AI Revolution
    18. g-f(2)1150 THE BIG PICTURE OF THE DIGITAL AGE (5/28/2023), geniouxfacts, A Single Quote Capturing AI’s Education Revolution
    19. g-f(2)1149 THE BIG PICTURE OF THE DIGITAL AGE (5/28/2023), geniouxfacts, A Single Quote Capturing How ChatGPT Would, in due course, Be Everywhere
    20. g-f(2)1148 THE BIG PICTURE OF THE DIGITAL AGE (5/28/2023), geniouxfacts, A Single Quote Capturing the Abundance of Fabulous AI Chatbots
    21. g-f(2)1147 THE BIG PICTURE OF THE DIGITAL AGE (5/28/2023), geniouxfacts, A Single Quote Capturing the Benefits of Humans and AI Working to their Respective Strengths
    22. g-f(2)1146 THE BIG PICTURE OF THE DIGITAL AGE (5/27/2023), geniouxfacts, A Single Quote Capturing How AI Can Multiply Your Own Capabilities and Generate Passive Income
    23. g-f(2)1145 THE BIG PICTURE OF THE DIGITAL AGE (5/27/2023), geniouxfacts, A Single Quote Capturing The Economic Impact of AI Revolution
    24. g-f(2)1144 THE BIG PICTURE OF THE DIGITAL AGE (5/27/2023), geniouxfacts, A Single Quote Capturing The Future of Generative AI for the Enterprise
    25. g-f(2)1143 THE BIG PICTURE OF THE DIGITAL AGE (5/27/2023), geniouxfacts, A Single Quote Capturing the State of AI Research
    26. g-f(2)1142 THE BIG PICTURE OF THE DIGITAL AGE (5/21/2023), geniouxfacts, The Wonderful New World (g-f New World): Unbeknownst to Bard and Bing Chatbot
    27. g-f(2)1141 THE BIG PICTURE OF THE DIGITAL AGE (5/19/2023), geniouxfacts, An annoying current limitation of Bard and Bing Chatbot
    28. g-f(2)1140 THE BIG PICTURE OF THE DIGITAL AGE (5/18/2023), geniouxfacts, Reflection on the New World, Dizzying and Turbulent
    29. g-f(2)1139 THE BIG PICTURE OF THE DIGITAL AGE (5/15/2023), geniouxfacts, Navigating the New World of Transformation and its Disruptions
    30. g-f(2)1138 The g-f story of the week (5/14/2023), AI and the New World of Transformation: A Brighter Future for All
    31. g-f(2)1137 THE BIG PICTURE OF THE DIGITAL AGE (5/12/2023), geniouxfacts, Google vs. Microsoft: The AI Race Heats Up
    32. g-f(2)1136 THE BIG PICTURE OF THE DIGITAL AGE (5/12/2023), geniouxfacts, How to Innovate Without Displacing Industries, Companies, or Jobs
    33. g-f(2)1135 THE BIG PICTURE OF THE DIGITAL AGE, geniouxfacts, g-f Fishing, The open-source AI boom, 5/12/2023
    34. g-f(2)1134 THE BIG PICTURE OF THE DIGITAL AGE, geniouxfacts, g-f Fishing, The AI Revolution, 5/11/2023
    35. g-f(2)1133 THE BIG PICTURE OF THE DIGITAL AGE (5/11/2023), HBR, 6 Key Levers of a Successful Organizational Transformation
    36. g-f(2)1132 THE BIG PICTURE OF THE DIGITAL AGE (5/11/2023), geniouxfacts, The Future of Work: How AI is Transforming Productivity and Unleashing Creativity
    37. g-f(2)1131 THE BIG PICTURE OF THE DIGITAL AGE (5/10/2023), geniouxfacts, The Golden Age of AI: An Opportunity for All
    38. g-f(2)1130 THE BIG PICTURE OF THE DIGITAL AGE (5/10/2023), Multiple sources, Google Bets Big on AI: Its latest A.I. technology embedded into 25 products
    39. g-f(2)1129 THE BIG PICTURE OF THE DIGITAL AGE (5/10/2023), geniouxfacts, The Power of g-f (PDT) Personal Digital Transformation: How to Reinvent Yourself in the New World
    40. g-f(2)1128 THE BIG PICTURE OF THE DIGITAL AGE (5/9/2023), TIME, Microsoft’s CEO Responds to Concerns About AI
    41. g-f(2)1127 THE BIG PICTURE OF THE DIGITAL AGE, geniouxfacts, g-f Fishing, The AI Revolution, 5/9/2023
    42. g-f(2)1126 THE BIG PICTURE OF THE DIGITAL AGE (5/9/2023), MIT SMR, AI Is Helping Companies Redefine, Not Just Improve, Performance
    43. g-f(2)1125 THE BIG PICTURE OF THE DIGITAL AGE (5/8/2023), TED, AI enhancing human intelligence (HI), human potential and human purpose
    44. g-f(2)1124 THE BIG PICTURE OF THE DIGITAL AGE (5/8/2023), geniouxfacts, The Power of g-f PDT: Lifelong Learning for Career Growth
    45. g-f(2)1123 THE BIG PICTURE OF THE DIGITAL AGE (5/8/2023), geniouxfacts, Nurturing your Intelligence in a Turbulent New World
    46. g-f(2)1122 THE BIG PICTURE OF THE DIGITAL AGE (5/7/2023), geniouxfacts, The New World of Transformation: Overcoming Disruptions for Growth
    47. g-f(2)1121 THE BIG PICTURE OF THE DIGITAL AGE (5/6/2023), geniouxfacts, Bard and Bing Chatbot Songs of the Week's Golden Knowledge
    48. g-f(2)1120 THE BIG PICTURE OF THE DIGITAL AGE (5/6/2023), geniouxfacts, Bard and Bing Chatbot Poems of the Week's Golden Knowledge
    49. g-f(2)1119 THE BIG PICTURE OF THE DIGITAL AGE (5/6/2023), geniouxfacts, Bard and Bing Chatbot Stories of the Week's Golden Knowledge
    50. g-f(2)1118 THE BIG PICTURE OF THE DIGITAL AGE (5/6/2023), geniouxfacts, The Week's Top 10 Golden Knowledge (GK) Nuggets
    51. g-f(2)1117 THE BIG PICTURE OF THE DIGITAL AGE (5/5/2023), Business Insider + Deloitte, Do digital transformations drive or destroy market value?
    52. g-f(2)1116 THE BIG PICTURE OF THE DIGITAL AGE (5/5/2023), MIT SMR, Moving Beyond Islands of Experimentation to AI Everywhere
    53. g-f(2)1115 THE BIG PICTURE OF THE DIGITAL AGE (5/5/2023), Insead Knowledge, Breaking the Cycle of Self-Sabotage: How to Overcome the “Golden Larva Syndrome”
    54. g-f(2)1114 THE BIG PICTURE OF THE DIGITAL AGE (5/4/2023), geniouxfacts, Microsoft Goes On The Offensive: Media Reaction
    55. g-f(2)1113 THE BIG PICTURE OF THE DIGITAL AGE (5/4/2023), Microsoft, Announcing the next wave of AI innovation with Microsoft Bing and Edge
    56. g-f(2)1112 THE BIG PICTURE OF THE DIGITAL AGE (5/4/2023), HBR, How Midsize Companies Can Drive Digital Transformation
    57. g-f(2)1111 THE BIG PICTURE OF THE DIGITAL AGE (5/3/2023), Dell Technologies, Realizing 2030: A Divided Vision of the Future
    58. g-f(2)1110 THE BIG PICTURE OF THE DIGITAL AGE (5/3/2023), WEF, The Future of Jobs Report 2023
    59. g-f(2)1109 THE BIG PICTURE OF THE DIGITAL AGE (5/3/2023), geniouxfacts, WEF: Recent Golden Knowledge (GK) Shaping the New World
    60. g-f(2)1108 THE BIG PICTURE OF THE DIGITAL AGE (5/2/2023), World Economic Forum Video, Richard Baldwin - AI Is Essentially Wisdom In A Can
    61. g-f(2)1107 THE BIG PICTURE OF THE DIGITAL AGE (5/2/2023), WSJ, Goldman Sachs CIO Tests Generative AI
    62. g-f(2)1106 THE BIG PICTURE OF THE DIGITAL AGE (5/2/2023), Venture Beat, AI will unlock a new level of human potential
    63. g-f(2)1105 THE BIG PICTURE OF THE DIGITAL AGE (5/1/2023), geniouxfacts, “genioux facts": The Golden Elixir for Limitless Brain Growth
    64. g-f(2)1104 THE BIG PICTURE OF THE DIGITAL AGE (5/1/2023), geniouxfacts, “genioux facts": The Stepping Stone to Your Success in the New World
    65. g-f(2)1103 THE BIG PICTURE OF THE DIGITAL AGE (5/1/2023), geniouxfacts, Big Tech is Leading the Charge and Colonizing the New World of Transformation
    66. g-f(2)1102 THE BIG PICTURE OF THE DIGITAL AGE (4/30/2023), geniouxfacts, How Google, Bing, and Yahoo Respond to Search: New World
    67. g-f(2)1101 THE BIG PICTURE OF THE DIGITAL AGE (4/30/2023), genioux facts, How Bing Chatbot and Bard Answer the Question: Are We Living in a New World?
    68. g-f(2)1100 THE BIG PICTURE OF THE DIGITAL AGE (4/29/2023), genioux facts, THE NEW WORLD (g-f New World) OF TRANSFORMATION
    69. g-f(2)1099 THE BIG PICTURE OF THE DIGITAL AGE (4/29/2023), genioux facts, The New World Challenge: The winners are transforming while the majority is running!
    70. g-f(2)1098 THE BIG PICTURE OF THE DIGITAL AGE (4/29/2023), genioux facts, Generative AI: A Tool for Visionary Leaders
    71. g-f(2)1097 THE BIG PICTURE OF THE DIGITAL AGE (4/28/2023), Harvard Innovation Labs, Value Props: Create a Product People Will Actually Buy
    72. g-f(2)1096 THE BIG PICTURE OF THE DIGITAL AGE (4/28/2023), Accenture, A new era of generative AI for everyone
    73. g-f(2)1095 THE BIG PICTURE OF THE DIGITAL AGE (4/28/2023), Simons Institute, Building Human Intelligence at Scale, to Save the Next Generation from ChatGPT
    74. g-f(2)1094 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), FT, Why 3D printing is vital to success of US manufacturing | FT Film
    75. g-f(2)1093 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), OpenAI, OpenAI GPT-4: The Game-Changing AI Technology
    76. g-f(2)1092 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), MIT Sloan Executive Education, Boosting your Organizational Creativity Quotient (CQ): Embracing the Generative AI Evolution
    77. g-f(2)1091 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), geniouxfacts, The Silence of Bing Chatbot, Bard's Creative "White Lie"
    78. g-f(2)1090 THE BIG PICTURE OF THE DIGITAL AGE (4/26/2023), HBR, 5 Ways to Future-Proof Your Career in the Age of AI
    79. g-f(2)1089 Multiple sources, Stanford and MIT study: Generative AI can boost productivity, improve customer satisfaction, and reduce employee turnover.
    80. g-f(2)1088 THE BIG PICTURE OF THE DIGITAL AGE (4/26/2023), geniouxfacts, g-f Fishing, AI Revolution, 4/25/2023, 11:11 AM
    81. g-f(2)1087 THE BIG PICTURE OF THE DIGITAL AGE (4/25/2023), geniouxfacts, g-f Fishing: Unlocking Unlimited Growth in the Digital Age
    82. g-f(2)1086 THE BIG PICTURE OF THE DIGITAL AGE (4/25/2023), geniouxfacts, The Golden Knowledge (GK) That Can Change the World
    83. g-f(2)1085 THE BIG PICTURE OF THE DIGITAL AGE (4/24/2023), MIT SMR, Leadership Strategies for the Hybrid Workforce
    84. g-f(2)1084 THE BIG PICTURE OF THE DIGITAL AGE (4/24/2023), HBR, Driving Organizational Change — Without Abandoning Tradition
    85. g-f(2)1083 THE BIG PICTURE OF THE DIGITAL AGE (4/24/2023), geniouxfacts, PDT: In the current state Bard and Bing Chatbot are GREAT!
    86. g-f(2)1082 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), geniouxfacts, Personal Digital Transformation (g-f PDT): The Key to Success in the Digital Age
    87. g-f(2)1081 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), HBR + Deloitte, Do You Really Know The Financial Impacts of Your Digital Transformation?
    88. g-f(2)1080 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), Fast Company, How AI could power advertising’s next creative revolution
    89. g-f(2)1079 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), Insead Knowledge, Leading Change in Turbulence: Case of Discovery Inc.
    90. g-f(2)1078 THE BIG PICTURE OF THE DIGITAL AGE (4/22/2023), MIT SMR, A Better Way to Pilot Emerging Technologies
    91. g-f(2)1077 THE BIG PICTURE OF THE DIGITAL AGE (4/22/2023), HBR, When Scenario Planning Fails
    92. g-f(2)1076 THE BIG PICTURE OF THE DIGITAL AGE (4/22/2023), geniouxfacts, The AI Revolution and the Transformation Revolution
    93. g-f(2)1075 THE BIG PICTURE OF THE DIGITAL AGE (4/21/2023), geniouxfacts, Bard and Bing Chatbot wrote poems to make the world a better place
    94. g-f(2)1074 THE BIG PICTURE OF THE DIGITAL AGE (4/21/2023), geniouxfacts, genioux Fact: Bard is a poet!
    95. g-f(2)1073 THE BIG PICTURE OF THE DIGITAL AGE (4/21/2023), geniouxfacts, genioux Fact: Bing Chatbot is a poet!
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