• Sodium_nitride@lemmygrad.ml
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    2 months ago

    All of this means it’s becoming harder for global companies to operate in both the US and China, Peter Mandelson, a former European trade commissioner who co-founded the consulting firm Global Counsel, said during an interview in Hong Kong. “A rupture has emerged,” said Mandelson, now a close adviser to UK leader Keir Starmer. “This is a very strong headwind blowing across the global economy, and international companies need to navigate that.”

    Neoliberals are now scrambling to kill neoliberalism.