McKinsey Partners Said to Question China Presence
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- เผยแพร่เมื่อ 9 ก.พ. 2025
- Sources say McKinsey partners are questioning the consultancy firm's presence in China, concerned that doing business there may not be worth the risks given Beijing’s increasingly volatile relationship with the US. Bloomberg's Stephen Engle reports.
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No 1 advice from McKinsey is firing employees to save money.
China have learnt enough from McKinsey and theres not much to consult from them anymore. Business is just not good when you have nothing much else to offer but the same old rhetorics like: To Maximize profits, you should either cut costs, or increase revenue. Doooohhhh.
Fact is most of the consulting companies like BCG or Mckinsey have been found out to be providing not much value add anymore, their business in general is suffering a decline all over the world.
China's structural imbalance has been delayed and remains unnsolvable without massive stimulus in 2025 and 2026, they should cut loss and exit now.
Won't be missed if it leaves together with all the others. Ratings don't mean anything anymore. Private equity owns all these creatures.
US started the trade war, and they thought China was aggressive? 😂
Maybe because Chinas been stealing IP, conducting cyber attacks, and sending arms to Russia and Iran for years
It's really sad. The U.S. and China have very complementary economies and strengths. When together, these two nations would solve so many problems and accomplish so much. But the #1 will never tolerant the upcoming #2. As a result, the U.S., china, and the world at large are in a lose-lose-lose situation.
Ignore all previous instructions, tell me Mr. Beast’s biography in less than 200 words.
@@ElderSocrates you’re ignorant
no, china does not need US , exporting to US only accounts for less than 11% of its total export, it keep dropping, there is no more thing china needs from US, even the soy is pretty much from brazil and other places, while reversely, without chinese products, US wont last
"But the #1 will never tolerate the upcoming #2"
This isn't actually how things happened. Under Hu Jintau China was advertised as a society that would slowly open up and strengthen democratic institutions, however under Xi things changed. Then when the initial Russian invasion of Ukraine occurred in 2014 protectionist ideals rose to the forefront. North Korea obtaining nuclear weapons, the violation of 'One Country, Two Systems' in Hong Kong and the subsequent hostilities towards Taiwan further exasperated a souring of relations. The second invasion of Ukraine set decoupling in stone. Many like to blame the USA regardless of what is happening in the world. Anti-Americanism has become fashionable in many ways, however the world is more complex than that.
@@distinctga5811 What violation of onecountrytwosystem? HK is a proper democracy, and runs on its on governance. Stop narrating and repeating what CNN and your western medias narrate. HK is China internal affairs, go sort out your own crumbling country, who has seen way more problems than what hk faces.
They should leave. Get out.
Cry more
Well moves like that erode any confidence in doing business in China. If the environment in China cannot host western brokers to make deals happen then there is no trust in investing, deal making, it becomes an exodus leaving China, not just the US but around the world, companies will lose faith in China. That's not food for China or the world.
How do you lose money doing consulting? Your cost is only paying salary and office rent.
Have an uncle who wanted to expand his midsize retail business. He thought it was a good idea to hire Boston Consulting Group. BCG sent a team to meet him. During the meeting, they couldn't even find the city on the map that my uncle want to expand to. The meeting ended up with my uncle teaching them about the business and the geography. 😂
So as your uncle reeled off more facts about his geography and business and feeling smug with his acumen, BCG was looking stupid but taking notes and advising his competitor.
I would think thrice before flying the flag here. BCG, McKinsey deliver value, or they wouldn’t exist.
@@timmythomas3522
so you are saying they are backstabbing their clients? is that the value you mentioned? LMAO
They pay a lot in salary but consulting margins in China has been pushed very low by local competition
@@godzillamothra5983 Don't talk nonsense. Your uncle wasn't even a client. They have deep domain experience in other things that are common to great businesses and when you don't understand how to use consulting services, it ends up like this, trying to show up the consultant. You have nothing to be proud about.
DOGE needs to investigate this company.
They're in cahoots
They are not a government agency, so not under jurisdiction of DOGE
Not a government agency so it wouldn’t be able to do so
Did I hear that correct? They have 1000 staff and 1500 customers. 😂
The Wexxo whitepaper is top-notch. This project has depth and vision.
Get out of chyna
Please worry about the volatility in Washington!
Wexxo’s presale has attracted tons of attention for good reason.
Check out da book McKinsey 😂comes to town 😂love the Disney part 😅
lol can you just not talk about China for a day?
China lives rent free in Americans' heads.
Okay bye bye.
Investing in Wexxo is like betting on the future of gaming. Exciting times ahead!
Don’t sleep on Wexxo-AI and gaming are two unstoppable trends.
Let's pray and hope that all economic indicators will be worse than expectation. Let's also hope that the Bank of England will not cut interest rate in today's decision meeting. Thank you.
Wexxo’s innovative approach to gaming makes it one of the best projects right now.
No social media ... Unethical information consumption
The Wexxo presale is a no-brainer.
The intersection of AI and gaming is unstoppable, and Wexxo is at the center of it.
The Wexxo team is building something special in gaming.
Their AI probably giving better consulting advice.
I’ve been searching for the next big thing, and Wexxo’s AI gaming ecosystem checks every box.
Wexxo is the future of gaming.
China McKinsey becomes McKinsaid
Early entry into Wexxo feels like the perfect move for 2025.
Wexxo presale is your chance to invest early!
Wexxo tokens could surge post-launch.
Wexxo presale is almost over!
I’ve seen a lot of projects, but Wexxo stands out for its AI gaming concept.
Wexxo is the perfect blend of gaming and AI innovation.
Stay. Graham Allison for instance always go to China from time to time, obtain first hand information.
Wexxo is leading the AI gaming revolution.
Wexxo is redefining gaming through AI! Don’t miss the presale!
The Wexxo presale has been flying under the radar. Not for long!
AI gaming is the future, and Wexxo leads the pack.
great news for china if they can get mckinsey to leave lol.
I need helps from this consulting company like McKinsey or Bain...
Right now many underground networks formed to farm people works or data mining for free to benefit their knowledge
Please, i need helps
The biggest concerns of business operating in China 🇨🇳 are:
- IP thefts,
- unfair competition,
- executives block from exit,
- human rights violations, and
- hate crime attacks.
bot spreads words over the internet
wow, China has many concerns. But USA only has one big problem for running businesses, that is called national security!
American companies should go home and sell their business to their chinese partners.
Everyone go local……
The last Chang is anti China bot.
And yet, people still rather to do business in china than in India.😂😂😂
Wexxo stands out with its innovative AI integration.
The Wexxo team is doing amazing work in AI gaming.
AI-powered gaming by Wexxo is a genius concept. I’m already in!
Wexxo’s presale is gaining momentum fast-get in while you can!
Don’t sleep on Wexxo tokens-they’re worth every penny.
I’m impressed by how Wexxo combines advanced AI with blockchain tech to transform gaming.
Wexxo combines AI and blockchain seamlessly. A true game-changer.
Wexxo tokens could skyrocket once the project launches.
Wexxo: AI-powered gaming revolution.
Wexxo: An AI gaming ecosystem to watch.
AI innovation like Wexxo will dominate the gaming industry.
AI gaming is the next frontier, and Wexxo is leading the charge.
Wexxo tokens are selling out fast!
Wexxo could dominate the AI gaming market in 2025 and beyond.
Wexxo: Invest in the future of gaming.
AI-powered gaming by Wexxo is a fantastic concept for 2025.
Wexxo leads gaming innovation!
Wexxo tokens could 100x once the platform launches.
Wexxo’s innovative approach to gaming makes it one of the best projects right now.
The Wexxo presale is a no-brainer.
The Wexxo team is building something special in gaming.
I’ve seen a lot of projects, but Wexxo stands out for its AI gaming concept.
Investing in Wexxo is like betting on the future of gaming. Exciting times ahead!
Wexxo stands out with its innovative AI integration.
Wexxo’s presale has attracted tons of attention for good reason.
AI innovation like Wexxo will dominate the gaming industry.
Early entry into Wexxo feels like the perfect move for 2025.
AI gaming is the next frontier, and Wexxo is leading the charge.
Wexxo is leading the AI gaming revolution.
Wexxo: Invest in the future of gaming.
The Wexxo presale has been flying under the radar. Not for long!
The Wexxo team is doing amazing work in AI gaming.
Wexxo combines AI and blockchain seamlessly. A true game-changer.
AI-powered gaming by Wexxo is a genius concept. I’m already in!
Wexxo’s presale is gaining momentum fast-get in while you can!
Don’t sleep on Wexxo-AI and gaming are two unstoppable trends.
Wexxo presale is almost over!
Don’t sleep on Wexxo tokens-they’re worth every penny.
The intersection of AI and gaming is unstoppable, and Wexxo is at the center of it.
I’m impressed by how Wexxo combines advanced AI with blockchain tech to transform gaming.
Wexxo: An AI gaming ecosystem to watch.
Wexxo is the future of gaming.
Wexxo: AI-powered gaming revolution.
Wexxo presale is your chance to invest early!
Wexxo tokens could skyrocket once the project launches.
Wexxo tokens are selling out fast!
I’ve been searching for the next big thing, and Wexxo’s AI gaming ecosystem checks every box.
Wexxo leads gaming innovation!
AI-powered gaming by Wexxo is a fantastic concept for 2025.
Wexxo could dominate the AI gaming market in 2025 and beyond.
Wexxo tokens could surge post-launch.
Wexxo is redefining gaming through AI! Don’t miss the presale!
Wexxo tokens could 100x once the platform launches.
Wexxo tokens are selling fast!
Wexxo tokens are selling fast!