American business and Xi's second term

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The 19th national congress of China's ruling Communist Party is set to finsh next week. To assist C-Suite executives to identify opportunities and challenges based on the policy and personality outcomes of this important gathering, on October 30 Caracal Global will release American Business and Xi's Second Term - A C-Suite Primer.

The report will explore the outcomes of the national congress and capture how the Chinese authorities will seek to balance growth, economic reform, and stability. For years, Chinese authorities have attempted to achieve growth and reform to move China's economy to world-class status, cultivate domestic strategic industries, and secure foreign direct investment. Outcomes of the gathering with set the roadmap for how the ruling Communist Party and Xi Jinping intend to guide the China for the next five years and highlight policy opportunities and challenges for American businesses.

There is no doubt that Xi Jinping will stay for a second term, but the real question for the national congress is who will join Xi on the Politburo and the Standing Committee - essential bodies that will influence commercial policy, economic reforms, and American businesses operating in China the next five years. Also, the outcome of gathering will provide an early indication whether Xi may break with recent precedent and stay for a third term (2022-2027) - a move which will lead to a new dynamic for American companies selling goods and services to the Chinese marketplace.

Designed for C-Suite executives, this Caracal Global primer will provide a foundation for your company to help better guide your auditing, research, planning, and management for your China business operations.

Secure a copy of the primer here: https://goo.gl/ieH9fd

Ross Rant | October 19, 2017

Catalonia: The situation has reached new heights today as Spain moved forward with the process of suspending governing powers of the area as Regional President Carles Puigdemont refused to drop his claim to independence. Not surprising, many Spanish economic measurements fell on the news. The constitutional crisis could result in the mythical "Article 155" being invoked by the Spanish government.

Article 155 refers to a section of Spain's constitution where it states that any largely autonomous community must fulfill its obligations to the Spanish state, or else risk having its powers taken away.

Simply put, this means Madrid believes Catalonia has acted in any way that undermines the interests of Spain allowing the national government to "take all measures necessary" to force Catalonia to meet its obligations to the state.
 

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The Hip: I am nearly Canadian. Living on the border town of Detroit much of my life and spending many summer days of my youth at a cottage in Ontario is just the start. I learned the game of hockey by watching CBC and Don Cherry. I worked at Roots for a spell. But my most Canadian pursuit was my fully completely embrace of The Tragically Hip. 

The band never reached epic heights in the States. But in Detroit and Buffalo, the group would routinely sell out arenas and sing to a crowd of 20,000. The fact that the band never reached the status of a Pearl Jam or REM made them even more special for me. Like I was fabulously rich. Like I came from downtown. Like I was in on some secret that my fellow Americans had missed.

So when the news broke yesterday morning that Gord Downie had moved to the lonely end of the rink, it was sad but peaceful. Grace, too.

Fans of the band knew this day was coming. As the poet laureate of Canadian rock, Downie spent three decades as the voice of Canada and provided much of the soundtrack of my life.

The Hip will still be on the web for years, and I can carry their music on my iPod Classic, but the world is a little less magical without Downie. His mastery of language and ability to craft colorful lyrics served as a guidebook. Knowing it takes more than another caller with a bachelor degree to grasp what is happening.

Maybe more Americans will discover his work and come to embrace The Tragically Hip. But probably not. So let's raise a glass of milk to the end of another day. This band was ahead by a century and knew life is no dress rehearsal.