The US-China Business Relationship: “Bi-Polar”? Or a Stabilizing Pillar of the World Economy? A Video Lecture

Posted on by Farok J. Contractor

© 2020, Farok J. Contractor, Distinguished Professor, Rutgers Business School, and President-Elect, Academy of International Business Introduction to a public lecture sponsored by the Academy of International Business and the University of Nottingham (China, Ningbo Campus) VIDEO LINK Talk approximately 60 minutes followed by Q&A of 30 minutes Just two countries, China and the US, … Continue reading The US-China Business Relationship: “Bi-Polar”? Or a Stabilizing Pillar of the World Economy? A Video Lecture

A Decline in US Manufacturing Because of Globalization and China? Don’t Believe This Fake News

Posted on by Farok J. Contractor

© 2020, Farok J. Contractor, Rutgers Business School Featured Image Source: Wall Street Journal This is a pre-copyedited draft version of an article to be published in Management & Organization Review. The final authenticated version will be available online at Cambridge University Press. For at least 35 years, US politicians and pundits have scared the … Continue reading A Decline in US Manufacturing Because of Globalization and China? Don’t Believe This Fake News

The Quarreling Couple That Still Needs to Dance Together: A Webinar Addressing US-China Rivalry and Cooperation

Posted on by Farok J. Contractor

© 2020, Farok J. Contractor, Rutgers Business School The two biggest economies on the planet—the US and China, constituting 40 percent of the entire world’s Gross Domestic Product (GDP) and 23 percent of its population—need to cooperate for the sake of humankind. And yet, over the last four years, tensions between the two nations have … Continue reading The Quarreling Couple That Still Needs to Dance Together: A Webinar Addressing US-China Rivalry and Cooperation

What Is Socialism? Why I Changed the Subtitle of My Previous Post

Posted on by Farok J. Contractor

© 2020, Farok J. Contractor, Rutgers Business School In commenting about the Indian economy and its relation to International Business in my previous post, I had initially used the term “socialist somnolence” in the subtitle to describe the Indian business environment as it existed decades ago. Some elements of that past linger, as I described, … Continue reading What Is Socialism? Why I Changed the Subtitle of My Previous Post

Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right?

Posted on by Farok J. Contractor

© 2019 Farok J. Contractor, Rutgers Business School At 5 o’clock in the morning on August 5, 2019, unable to sleep, Trump tweeted about China—not for the first time accusing it of being a “currency manipulator,”[1] and describing this as a “major violation.” (See Figure 1 below.) Treasury Secretary Mnuchin followed with an official announcement … Continue reading Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right?

Advantages and Drawbacks of Undervalued Versus Overvalued Currencies

Posted on by Farok J. Contractor

© 2019 Prof. Farok J. Contractor, Rutgers University UPDATE: See the August 11, 2019 post: Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right? Also See the Companion Post:  Is the Indian Rupee Undervalued or Overvalued? What Purchasing Power Parity Theory Tells Us Currencies can be undervalued (very devalued) for natural reasons, … Continue reading Advantages and Drawbacks of Undervalued Versus Overvalued Currencies

What Is “Dumping”?

Posted on by Farok J. Contractor

Supposedly, dumping is the practice of a foreign company “selling below cost”—but in almost all cases, the dumping company is not losing money. © 2018, Farok J. Contractor, Rutgers Business School (Also see my April 13, 2018 post,TEN QUICK FACTS ABOUT US TRADE: Deficits, Dumping, and Discords, in which I introduced the topic of dumping … Continue reading What Is “Dumping”?

Does China Systematically Force US Companies to Reveal Their Secrets?

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School Among the commercial issues in contention between the US government and China today, the transfer of technology is increasingly an agenda item brought up by the American side. According to a report in the Wall Street Journal on September 27, 2018, a Beijing policymaker summarized the Chinese … Continue reading Does China Systematically Force US Companies to Reveal Their Secrets?

Tax Avoidance by Multinational Companies: Methods, Policies, and Ethics (Updated)

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School An earlier version of this article was published on this site on May 5, 2016, and also in AIB Insights, Vol. 16, No. 2 (2016). Recommended Citation:  Contractor, Farok J. Tax avoidance by multinational companies: methods, policies, and ethics. Rutgers Business Review, Vol. 1, No. 1, pp. 27–43 (2016). Also see … Continue reading Tax Avoidance by Multinational Companies: Methods, Policies, and Ethics (Updated)

Does Just One Product – the iPhone – Cause an $11 Billion Trade Deficit for the US?

Posted on by Farok J. Contractor

© 2018, Farok J. Contractor, Rutgers Business School   Trade Statistics Alone Can Frighten and Mislead In my July 11, 2018 blog post, The US-China Trade Spat: How the Public, Media, and Politicians Can Be Deceived by Data, I described how taking data and statistics out of the context of the larger picture can be not only … Continue reading Does Just One Product – the iPhone – Cause an $11 Billion Trade Deficit for the US?