APCO's McGregor on Improving Trade Relations

The video discusses the concept of 'friend shoring' as a strategy to build supply chains with like-minded countries, ensuring economic protection and wealth distribution. It highlights China's current economic strategies, including being more accommodating to foreign companies to retain supply chains and technology. The video also addresses the exodus of talent from China due to COVID-19 and border controls, impacting its reputation. Despite challenges, significant private capital continues to flow into China, though corporate investments remain cautious. The political outlook for China in 2022 focuses on stability under Xi Jinping's leadership.

What is the primary goal of 'friend-shoring' as discussed in the video?

• To increase tariffs on imports

• To reduce global trade altogether

• To focus solely on domestic production

• To build supply chains with like-minded countries

Why is China being more accommodating to foreign companies currently?

• To reduce production costs

• To prevent them from leaving

• To focus on domestic markets

• To increase tariffs

What has caused the exodus of expatriates from China?

• Lack of job opportunities

• COVID-19 and border controls

• High taxes

• Political instability

How is China's reputation perceived globally according to the video?

• Improving steadily

• Very high

• Very low

• Moderate

Despite political challenges, why is private capital still flowing into China?

• For tax benefits

• Because of China's entrepreneurial spirit

• To avoid tariffs

• Due to low labor costs

What is the focus of China's political strategy as Xi Jinping seeks another term?

• Cultural development

• Economic expansion

• Military growth

• Stability

What risk is associated with Xi Jinping's political strategy?

• Cult of personality

• Improved global relations

• Increased foreign investment

• Economic downturn