McKinsey & Company CEO's Attendance at China Development Forum

SOURCE www.breitbart.com
McKinsey & Company CEO Bob Sternfels attended the China Development Forum in Beijing, which was backed by the Chinese Communist Party and featured high-ranking CCP officials. Sternfels spoke on demographic change and AI. Lawmakers have criticized McKinsey's ties to the Chinese government, questioning their transparency and work ethics.

Key Points

  • Bob Sternfels attended the China Development Forum in Beijing backed by the CCP.
  • Lawmakers have criticized McKinsey's ties to the Chinese government and their transparency.
  • The forum featured high-ranking CCP officials and discussions on various topics like ESG policies and economic globalization.
  • McKinsey allegedly failed to disclose consulting work for the Chinese government.

Pros

  • Opportunity for global business networking and discussions on important topics like demographic change and AI.

Cons

  • Criticism from lawmakers for potential lack of transparency and ethical concerns regarding ties to the Chinese government.