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What to Follow: Work Trends & U.S. Capital Abroad 8/08/23

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The Importance of Fairness in the Market

I don't think we're going to see a policy change in China. We've seen very clearly how China has not become a political economy. In fact, they are now a threat to the rules based economic order. They have been creating this unfair playing field, which is why we're re-shoring so much of the American manufacturing economy. But I think our investors are already pulling out of China and making different decisions without some of what Biden administration may come forward with.

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