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Faculty & Research


Is China’s Economic Dominance at an Inflection Point?

Journal Article
In 2023 China lost the top spot on the list of countries whose companies populate the Fortune Global 500 list, a position it had held since toppling the USA in 2019. Is this an inflection point or will the US (one core at the top) and China exchange the position as they struggle for global economic domination in the decades ahead? This article presents six reasons for believing that China is unlikely to recover the top spot and suggests ways in which US, European, and Japanese firms can exploit China’s fundamental weaknesses in the years ahead.

Adjunct Professor of Global Leadership and Strategy