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In 2023, the U.S. experienced a trade deficit of $773 billion, with China as its largest trade creditor. The U.S. trade deficit has steadily grown since 2009, regardless of which party held the ...

Companies in advanced economies need to work out new management strategies on globalization, especially as emerging markets account for an increasing portion of worldwide demand, Japanese and German ...

BANGKOK -- Localization of management and globalization of local employees are essential when expanding into foreign markets, said Noriaki Goto, CEO of Bank of Ayudhya, Thailand's fifth largest bank ...