The Trend Of De-globalization Essay Discussion Paper
2. To what extent is the struggle over Taiwan having an influence on Western consumer goods companies, do you think? Does this story reflect the phenomenon of "de-globalization"? Why or why not? The Trend Of De-globalization Essay Discussion Paper
1. Most luxury goods companies are aiming for big cities in the United States, like New York City, Los Angeles, Chicago, and San Francisco. Many wealthy and powerful people live in these cities, and they are likely to be willing to spend money on luxury items. Also, these cities have a lot of high-end stores, which give makers of high-end goods a place to show off their products. To figure out which cities have a strong demand for luxury goods, it's important to look at the city's economy and population. The city should have a high income per person, which shows that the people there have enough money to buy nice things. Also, there should be a lot of wealthy people living in the city, since they are more likely to buy luxury items. Also, the city should have a lot of high-end stores, which will make it an attractive place for companies that make luxury goods. Lastly, the city should have a strong cultural and social presence. This will give luxury goods makers more chances to show off their products.
2. The fight over Taiwan does affect Western companies that make consumer goods, because tensions between China and Taiwan have led to higher tariffs on goods that Taiwan sends to China. Because of this, the cost of goods for companies that get their supplies from Taiwan has gone up, and some companies have moved their production to other countries. Also, there are worries that the Chinese government could take more steps to make it harder for Western companies to do business in China. This could have a big effect on how much money these companies make.
This story doesn't show the trend of "de-globalization" because it's mostly about tariffs and trade between two countries. De-globalization is a thing that happens because of political, economic, and social factors that aren't talked about in this story. Also, the fight between China and Taiwan doesn't necessarily mean that global trade and investment will go down, since the two countries still trade and invest. But it creates uncertainty for businesses that are part of the global economy because they may need to change how they do business to stay profitable.The Trend Of De-globalization Essay Discussion Paper
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