Dear Colleagues,

Welcome to edition #44 of your weekly roundup covering the global economy, macro trends as well as how companies around the world are tackling the globalization challenge.
If you come across an interesting article please share it with us and we will make sure to include it in the next edition.
Global Advantage Knowledge Team
Think Global Production and Supply Chains Are Shrinking? Think Again.

The “peak globalization” crowd argues that 3D printing and blockchain verification will combine to allow for completely distributed manufacturing, ending the need for the globalized supply chains that run across borders. 

On the other side, Parag Khanna, author of Connectography: Mapping the Future of Global Civilization, argues that the next technological wave will lead us into an “era of synchronized global growth, driven by even greater cross-border flows”. Rather than disintermediating global supply chains, companies that leverage the IoT and cloud, will have an even greater control over their distribution networks.

If you want to dive deeper, we would also recommend watching Khanna's TED Talk "Mapping the Future of Countries" below.

Longitudes UPS / 6 min read / 18 min watch
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The China Factor in Kenya and Zimbabwe

As Zimbabwe and Kenya transition politically, an in-depth look at the importance of the role China will play in shaping their economic and geopolitical futures.

Project Syndicate / 6 min read
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How a Brazilian Media Company Managed Its Digital Transformation

“Stop investing in the poison that kills you.”

Tulio Milman, a journalist at Grupo RBS, discusses with Knowledge@Wharton how the Brazilian conglomerate with over $1 billion in annual revenues managed to become a role model for South American media companies.

Knowledge at Wharton / 6 min read
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India’s big business gamble: taking money from China

An FT op-ed on the increasingly complicated economic relationship between the two rising giants.

Financial Times / 6 min read
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Russia: A Modest Recovery

Russia’s economy has entered a tenuous recovery. GDP has risen for three consecutive quarters, with growth reaching a healthy 2.5% year over year in the second quarter.

EM Views / 2 min read
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African Economic Growth Rides on Wireless Rails

A telecommunications boom is lifting an industry and a continent.

Bloomberg / 5 min read
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Wal-Mart Already Has a Thriving Online Grocery Business—in China

Wal-Mart has already developed a big online grocery delivery business in China, capable of transporting fresh produce from its shelves to homes within an hour. 

Bloomberg / 7 min read
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Google's New App Helps Phone Users in Emerging Markets Monitor Their Data Usage

An innovative approach to localization from Google

Fortune / 2 min read
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Renault will tap Pakistan market to boost growth

Renault will be partners with Al-Futtaim Automotive, a Dubai-based company that will break ground early next year for an assembly plant near Karachi and establish a sales network.

Automotive News Europe / 3 min read
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China relaxes leash on Wanda, allowing its unit to issue offshore bond to raise capital

Wanda Group, controlled by billionaire Wang Jianlin, has been granted permission to proceed with an offshore bond issue in Hong Kong, suggesting a thaw in its relations with mainland authorities.

South China Morning Post / 3 min read
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Daimler rebuffs Geely offer to buy stake; Geely still hopeful of a deal

Daimler AG has turned down an offer from China’s Geely to take a stake of up to 5 percent via a discounted share placement, as the German automaker has long been reluctant to see existing shareholdings diluted.

Reuters / 2 min read
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Turkish boss challenges Musk in electric-engine trucks

Murat Ülker, the chairman of Turkey’s Yıldız Holding, has challenged Elon Musk, the chairman of Tesla Inc, over electric engine trucks, saying that food giant Ülker has already been using such technology to deliver goods.

Hurriyet Daily / 2 min read
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An Indian tycoon’s raid on Anglo American is a riddle

Why did Anil Agarwal, the Indian tycoon who made his fortune betting on India, purchase 21% of one of the world's leading mining firms from South Africa.

The Economist / 3 min read
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A Chilean winemaker on BCG's Global Challenger list, Concha y Torro, was named the biggest mover of 2016 and is now the 4th biggest wine producerin the world:
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