CNBC Global CFO Survey-China Poised to Grow and U.S. is Missing Essential Competitive Opportunities

CFO survey indicates that China's economy is likely to increase and rebound faster than the U.S. The U.S. has some ability to start investing in their networks, advanced manufacturing, investment aspects of their cities, and align education to industry to maximize growth and prepare the speeding up of the Information Age. As of yet we haven't been able to get all of the stakeholders to start thinking beyond protecting the U.S. from decline to putting in place strategies that will lead to higher levels of growth that could outstrip that of China's. Our physical manufacturing infrastructure is there but decaying and in need of improvement to reduce business costs. At the same time, we have the basics for an advanced data driven economy but haven't fully pushed it with the type of policy and investments we need to launch ourselves back into competitive stance once COVID ends. There are opportunities to solve multiple problems on multiple fronts but often we think in the box which leads to a stable slow decline.