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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.
President-elect Joe Biden’s proposed stimulus package is comprehensive and will likely help to move the economy forward, but direct payments could be better targeted to those in need, say Wharton experts.
In this opinion piece, David Erickson explores how the market for special purpose acquisition companies (SPACs) exploded in 2020 and what may happen in the future.
U.S. President-elect Joe Biden’s promise to forgive student debt might have the unintended consequence of worsening economic inequality, according to new research co-authored by Wharton’s Sylvain Catherine.