Credit Suisse to review China business in strategy revamp amid executive exodus, losses
Credit Suisse says ‘we continue to invest in our China footprint’ and any reporting on potential outcomes before the review ‘is purely speculative’
An exodus of senior executives at its securities venture has delayed regulatory approval, buildout of equities trading and wealth offerings
Credit Suisse Group is reviewing the long-term plans for its business in mainland China as part of a broader strategy revamp after the lender racked up billions of dollars in losses.
Been seeing this abbreviation lately -NMIC not made in china seems to be catching on in the US. Was looking at reviews for optics and as soon as someone mentioned the china origin, someone else would post a comment about slave labour commi etc.
Been seeing this abbreviation lately -NMIC not made in china seems to be catching on in the US. Was looking at reviews for optics and as soon as someone mentioned the china origin, someone else would post a comment about slave labour commi etc.
thats a good thing. having a healthy industrial capacity in ones own country, or in culturally and politically similar countries makes sense on all levels.... unless you are an executive that wants to pay yourself as much as possible and your workers as little as possible.
Especially if the one you are buying from and propping up with technology and market access plans to kill you later.
Its a brutal totalitarian state which is empowered by "business". They dream all day long of killing all Americans/Westerners in revenge for the Indians.
Everything has its price and many (western enablers) won't tell you the real price for society.
Totalitarist idiots on their way down. Because of unintellectual totalitarism favouring dumb people which match the dumb leaders and execute every dumb S**t without questioning and even defending it against all human logic.
China collapsing soon? (Only if the CCP admits it
Bad nuclear weapons and fake developments (The fake hydrogen robot ?)
Peter Zeihan is of the opinion it will not last the next decade (Hysterical shrieks from CCP and anti democratic totalitarian fans)
Note the watery may. UN hopeful taxcindy booted MP Louisa Wall for calling it what it is crimes against humanity
"For the last two years, Wall has been a co-chair of the Inter-Parliamentary Alliance on China (IPAC), a group made up of politicians from around the world who monitor the actions of the Asian superpower.
China ist wichtigster Handelspartner der deutschen Wirtschaft. Doch Pekings Weltmachtstreben wirft viele Sicherheitsfragen auf. Investitionen werden daher heute deutlich strenger geprüft - mit Hilfe der Geheimdienste. Von M. Bewarder und F. Flade.
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