Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Shanghai Pudong International Airport Almost Empty as More and More International Companies Pull Out" video.

  1. 💼 The video discusses the deserted T1 terminal at pong International Airport and the withdrawal of foreign companies from the Chinese market. 00:00 The T1 terminal at pong International Airport is deserted with few people and closed shops. Foreign companies are withdrawing from the Chinese market due to economic, regulatory, and political challenges. International pharmaceutical companies are trying to reduce their dependence on China with Indian drug ⬆ The pharmaceutical industry is seeing a shift towards India as a manufacturing base, with companies experiencing strong profit growth and increasing demand for Indian supply chains. 03:12 Pharmaceutical companies in India have reported sales growth of 25 to 30% in recent years, with some clients looking to make India their second manufacturing country outside of China. India's cdmo industry is estimated to generate revenue of about $15.6 billion this year, with an expected average annual growth rate of over 11% in the next 5 years, surpassing China's growth rate. Pamal Farm Solutions has received requests to integrate their supply chains into India, reducing their reliance on raw materials from China. 🏢 Airbnb and Blizzard exit the Chinese market due to various challenges and regulations. 06:35 Airbnb's local business in China accounted for only about 1% of its total revenue. Airbnb faced scrutiny over data security issues and ultimately decided to exit the Chinese market. Blizzard announced the closure of its Battle.net servers in China, ending its 25-year journey in the Chinese market. 💼 LinkedIn announces plan to restructure its Global Business organization and China strategy, resulting in layoffs and public withdrawal from China due to operating challenges. 09:42 LinkedIn intends to lay off 716 employees, including engineering and marketing teams in China. LinkedIn entered the Chinese market in 2014, but faced challenges with censorship and government restrictions on content. Chinese regulators found sensitive posts on LinkedIn and criticized the platform during the two sessions in China. 💼 Gallup Consulting Group decides to completely exit China amidst economic downturn and increasing National Security pressures. 13:11 Gallup Consulting Group announced the closure of its operations in China. The decision was made amidst China's economic downturn and increasing National Security pressures. Gallup is closing all three of its offices on the mainland.
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