• Coming Conflict with China-Business Challenges and Responses

  • By: Thomas Fox
  • Podcast

Coming Conflict with China-Business Challenges and Responses

By: Thomas Fox
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  • Summary

  • In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably towards a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part blog post series, Tom Fox and Brandon Daniels, CEO and President of Exiger, a global risk and compliance company, explore issues diverse as real danger, supply chain, exports, cyber-attacks and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. The challenges your company faces and more importantly the responses you make will go a long way towards determining if your organization will weather the coming storm.
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Economics Management Politics & Government
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Episodes
  • Coming Conflict with China: Part 1-From Potential Conflict to Real Danger

    Coming Conflict with China: Part 1-From Potential Conflict to Real Danger
    Mar 27 2023
    In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably toward a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part podcast series, Tom Fox and Brandon Daniels, CEO of Exiger, a global leading third-party and supply chain management software company, explore issues diverse as a real danger, supply chain, exports, cyber-attacks, and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. In Part I, from potential conflict to real danger. Are your relationships headed toward conflict or real danger? Find out in this first episode of this special 5-part podcast series. In this series, Tom is joined by Brandon Daniels, who is an advocate for free markets and democracy and is passionate about providing transparency to the global corporate ecosystem. As this podcast series was being recorded, Chinese authorities arrested employees of the Mintz Group in Beijing. The Mintz Group is a well-known and well-respected international investigations firm. This is one more step in the increasing opacity of the Chinese market. They consider the economic battle being lost to Chinese companies due to their coercive tactics. How do cheap bids pose national security risks? Explore these topics and more in this episode. Key Quote- Brandon Daniels “Don’t just go with the cheap bid. Pay attention to the national security risk that a cheap bid from one of these Chinese companies could mean to your business and think differently about how you establish security in critical products.”  Key Takeaways What is the Chinese government doing to increase opacity in the Chinese market, and how is this impacting global free markets? How is the Chinese government manipulating the economics of the global market, and what implications does this have for businesses? What strategies and approaches can businesses take to ensure security and diversity in their supply chain?  Resources Exiger Tom Fox  Connect with me on the following sites: Instagram Facebook YouTube Twitter LinkedIn
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    16 mins
  • Coming Conflict with China: Part 2-Supply Chain Issues

    Coming Conflict with China: Part 2-Supply Chain Issues
    Mar 27 2023
    In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably towards a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part series, Tom Fox and Brandon Daniels, CEO of Exiger, a global leading third-party and supply chain management software company, explore issues diverse as real danger, supply chain, exports, cyber-attacks and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. In Part II, issues in the Supply Chain, including issues of human rights, forced labor, and supply chain management in the Asia Pacific region. Obviously, the issues around Uyghur forced labor in China are an important consideration for all American businesses with supply chains in China. While that issue focuses on human rights, it is also a wider world economic issue which requires a business solution. The key is to diversify the supply of goods, investing in other countries' manufacturing capabilities in order to ensure that human rights abuses do not go unchecked. Key Highlights 1. What is the inextricable connection between human rights and economic policy when it comes to current geopolitical tensions with China? 2. How is the subjugation of Uyghurs in Xinjiang impacting the global economy? 3. What risks does reliance on China’s manufacturing pose for businesses and how can companies diversify their supply chain to mitigate them? Notable Quote "It just takes investment. It takes time, but it's an investment worth having because it provides us security, in the potential and in the ever more serious potential of a conflict with China." Resources Exiger Tom Fox  Connect with me on the following sites: Instagram Facebook YouTube Twitter LinkedIn Other episodes in this Series: Episode 1-From Potential Conflict to Real Danger
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    14 mins
  • Coming Conflict with China: Part 4-Cyber Spying and IP Theft

    Coming Conflict with China: Part 4-Cyber Spying and IP Theft
    Mar 27 2023
    In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably towards a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part series, Tom Fox and Brandon Daniels, CEO of Exiger, a global leading third-party and supply chain management software company, explore issues diverse as real danger, supply chain, exports, cyber-attacks and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. In concluding Part IV, China's aggressive tactics to steal intellectual property, we consider the responses to protect the US's IP and how to take aggressive action against the Chinese government to seek remuneration for stolen assets. What are China's aggressive tactics in stealing intellectual property from countries all over the world. Through intelligence gathering, academic partnerships, and supply chain buyouts, China has managed to copy and counterfeit American business products and other technologies. Companies must harden their defenses and refused to stand for the IP theft by using the Rule of Law to take a stand against the theft of US intellectual property. Through a concerted effort, companies can fight back and reclaim their assets. Key Highlights 1. How is China aggressively stealing intellectual property and technology? How is counterfeiting built into the Chinese economic model? Why the Rule of Law is a critical recourse is there for companies whose intellectual property is stolen by China? Notable Quote "We foment innovation everywhere, anyone, anywhere, can be an innovator, can invent and can end up getting the rewards from that." Resources Exiger Tom Fox  Connect with me on the following sites: Instagram Facebook YouTube Twitter LinkedIn Other episodes in this Series: Episode 1-From Potential Conflict to Real Danger Episode 2-Supply Chain Issues Episode 3-Exports and Rebalancing the Global Economy
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    16 mins

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