CBS News 08.10.2022

Keith Krach on CBS News: Companies are calling for China contingency plans

Companies are creating China contingency plans. House Speaker Nancy Pelosi wrapped up her visit to Taiwan Wednesday, as tensions between the U.S. and China continue to escalate. Keith Krach, former under secretary of state, joined Robert Costa to examine Pelosi’s trip and what it could mean moving forward.

Keith Krach

Keith Krach is an American businessman, former diplomat and economist. He is the former chairman and CEO of DocuSign and co-founded Ariba. AKeith Krach was 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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