by Ian Khan | Apr 5, 2023 | Ian Khan Blog
China’s Zero COVID policy, which refers to the country’s efforts to eliminate COVID-19 within its borders, has had a significant impact on exports in a number of ways. Some of the major impacts of China’s Zero COVID policy on exports include:
Disruptions in supply chains: The policy has disrupted supply chains for companies that rely on inputs from China, or that export to China. This has led to delays and increased costs for these companies, and has disrupted their ability to produce and distribute goods in a timely and cost-effective manner.
Decreased demand: The policy has led to a decline in demand for goods produced in China, as well as for goods that rely on inputs from China. This has had a negative impact on exports from China, and has led to reduced production and layoffs.
Increased costs: The policy has led to increased costs for companies that export to China, due to factors such as higher transportation costs, higher input costs, and higher insurance costs. This has had a negative impact on the competitiveness of these companies, and has led to reduced profitability.
Decreased investment: The policy has led to a decline in foreign investment in China, as investors have become concerned about the stability and risk of investing in the country. This has had a negative impact on exports from China, as it has reduced the availability of capital for investment in new technologies and equipment.
Overall, China’s Zero COVID policy has had a significant impact on exports in a number of ways. It has disrupted supply chains, decreased demand, increased costs, and decreased investment, which has had negative impacts on the competitiveness and profitability of companies that export to or rely on inputs from China.
by Ian Khan | Dec 26, 2022 | Ian Khan Blog
As the world continues to navigate the aftermath of the COVID-19 pandemic, certain business skills have become increasingly valuable in the modern marketplace. Here are the top five business skills that will come in handy post-COVID:
Adaptability: The ability to adapt to changing circumstances and environments is crucial for businesses to survive and thrive in a post-COVID world. This means being flexible and open to new ideas, and being able to pivot and adjust strategies as needed.
Remote work skills: The shift to remote work that occurred during the pandemic is likely to continue even after the pandemic ends. Therefore, it is important for businesses to have employees who are skilled at working remotely, including being able to communicate effectively over video conferencing and using collaboration tools like Google Drive and Slack.
Digital literacy: In today’s digital age, being able to use technology and navigate the online world is essential for businesses to reach customers and compete in the marketplace. This includes not only being proficient with computer programs and software, but also being able to utilize social media and other online marketing tools to reach customers.
Customer service: With so much uncertainty and change in the world, it is important for businesses to prioritize customer service and provide a positive experience for their clients. This includes being responsive, empathetic, and able to problem-solve effectively.
Communication: Strong communication skills are always important in business, but they are especially vital in a post-COVID world where people may be more isolated and rely on digital communication. Being able to effectively communicate with team members, clients, and stakeholders is crucial for success.
Overall, the business skills that will be most valuable post-COVID are those that enable businesses to adapt to change, work effectively remotely, utilize digital tools, provide excellent customer service, and communicate effectively. By focusing on these skills, businesses can position themselves for success in a post-COVID world.