McKinsey & Company
Coverage of McKinsey & Company in the Nexus archive.
- The ‘world’s toughest gym’: how global companies fight to survive in China
Foreign executives now come to China to study future competitors, reflecting a shift in China's role in the global economy. Joe Ngai of McKinsey & Company notes this change highlights how China has evolved from a market multinationals sought to capitalize on to a competitive battleground.
- What it would take to rebuild U.S. manufacturing might
McKinsey estimates the U.S. would need $2 trillion, or 6% of GDP, to rebuild industrial capacity for strategic goods like AI servers and key chemicals. The study highlights gaps in domestic manufacturing and the challenges of scaling up sectors beyond AI, despite recent investments like the CHIPS and Science Act.
- The Magician of the Kremlin
Kirill Dmitriev, a sanctioned Russian banker with no diplomatic background, has led Putin's negotiations to end the Ukraine war, pitching U.S. figures like Steve Witkoff and Jared Kushner on deals that would sacrifice Ukrainian sovereignty for joint economic projects. Dmitriev, linked to Putin's inner circle through his wife's friendship with Putin's daughter, promotes Russia as a stable investment destination despite its history of legal manipulation and war, contrasting his past advocacy for Russian economic reform.