Swedish business leader Marcus Wallenberg said companies and governments must adapt to a “completely new world order,” in which tension between China and the US has driven western countries to pour billions of public dollars into clean-energy industries.
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(Bloomberg) — Swedish business leader Marcus Wallenberg said companies and governments must adapt to a “completely new world order,” in which tension between China and the US has driven western countries to pour billions of public dollars into clean-energy industries.
While the chair of Wallenberg Investments AB described himself as a free trader at heart, he said the current geopolitical circumstances have forced everyone to adapt and recognize the need for investment in the sectors of the future.
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