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OneWorld™ Wealth ManagementLooking Ahead!Beijing; China, has already produced fast-growing tech companies, like Tencent, Baidu, LightInTheBox and, smartphone maker Xiaomi. Beijing has a great concentration of wealth and as of date sixty eight institutions of higher learning, including China’s best computer science departments. These firms have a clear understanding of the Chinese market and are able to steer through policies that have made it difficult for some U.S. firms to do business.
Trump’s “Tax Cuts 2.0” would swell the federal debt, but the U.S. economy would see both short- and long-term gains, according to an analysis by the Penn Wharton Budget Model.
In the aftermath of the WeWork debacle, several potential issues suggest that the $100-billion-plus Vision Fund may have lost its vision. Wharton’s David Erickson recommends ways the fund can regain its sight.
Armed with knowledge and connections in their native countries, first-generation immigrants help open the door for venture capitalists to make investments abroad, according to new research coauthored by Wharton’s Exequiel Hernandez.