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CEO Tim Cook has blamed China’s slowing economy for an expected sales shortfall, but that is just part of the story, writes Wharton’s Kartik Hosanagar in this opinion piece.
China’s economy is so large—and growing so fast—that it’s easy to underestimate the full extent of the nation’s global influence, notes the author of this opinion piece.
While chiefly remembered for his role during the financial crisis, former U.S. Treasury Secretary Henry M. Paulson Jr. spent much of his tenure working for improved relations between the U.S. and China. Now out in paperback, his book, Dealing with China, explores in detail why working with the Middle Kingdom is so important.
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