Keith Krach, former Under Secretary of State, joined Yahoo Finance to talk about General Secretary Xi Jinping’s embrace of state owned firms versus private companies, Xi’s removal of former Chinese President Hu Jintao — predecessor as party leader, and why the time is now for CEO’s across the globe to prepare a China Contingency Plan.

Read more about this story at: https://finance.yahoo.com/video/chinese-economic-growth-model-know-152404132.html

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Keith Krach is an American businessman, former diplomat and economist. He is the former chairman and CEO of DocuSign, co-founder of Ariba and the youngest-ever Vice President of General Motors. As Under Secretary of State, Krach led American economic diplomacy and had the rare distinction of being unanimously confirmed by the U.S. Senate. For his work blocking the Chinese Communist Party’s attempts to infiltrate global 5G communications; his advocacy for the people of Taiwan; and for his work addressing the plight of the Uyghur minority suffering under oppression and genocide in China, Krach has been nominated for the 2022 Nobel Peace Prize.

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