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Under the Radar: (SPECIALS) Why is the “next China” still China? Chairman of McKinsey Greater China explains.
In January 2023, at the World Economic Forum in Davos, several dozen Asia-focused CEOs and senior executives of the world’s largest companies gathered for a private dinner. The executives had commanded operations employing tens of thousands of people, with their supply chains spanning dozens of cities from Shanghai to London and Abu Dhabi. They had invested heavily in, and also reaped the benefits of China’s rise over the past two decades. But yet for the first time in memory, the mood was different. The conversation didn’t centre around growth targets or market expansion…
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