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Language Differences Hold Back U.S. Companies In Fast-Growing Asia: KPMG Economist [Forbes]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Forbes
Travelers on the move in the departure hall at the Hongqiao Railway Station in Shanghai last month;... [+]China's economic growth rate this year is expected to one of the world's fastest. Photographer: Qilai Shen/Bloomberg© 2023 Bloomberg Finance LPKPMG senior economist Ken Kim showed a slide at a U.S. business conference on Monday that highlighted the economies where Americans have staked the largest amount of direct foreign investment. From the top down, they are the United Kingdom, the Netherlands, Luxembourg, Ireland, Canada, UK islands, Singapore, Bermuda, Switzerland and Germany.Yet further back in his talk about business trends, Kim displayed another slide that showed a list of countries with the fastest projected economic growth this year: India (6.3%), Vietnam (6.3%), China (5.2%), Japan (1%) and Mexico (0.9%). None of the five are among the countries where the U.S. has put the most investment dollars to work.What accounts for that mismatch between economic growth on the one Show less Read more
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