This podcast episode discusses the concerns of small businesses in the United States, the importance of communication between China and the US, the economic uncertainties and regulatory overreach in both countries, the increasing public policy risk faced by American companies, the changing role of work in society, the complex relationship between government and business, and the changing responsibilities and expectations of business leaders. Despite challenges such as rising costs and supply chain issues, small businesses are interested in exporting to other countries. Communication channels between China and the US are being established to address uncertainties in both economies. The US-China economic uncertainties and regulatory overreach are making it risky and more expensive to do business. American companies are facing increasing public policy risk due to government regulations and political uncertainty. Workplaces are becoming a source of community, but there is a debate about the expectation for employees to bring their personal beliefs and values. The role of government in creating a fertile landscape for business growth is emphasized, and business leaders are increasingly called upon to address societal issues. The importance of preserving the free enterprise system is highlighted as essential for solving challenges in society.
