Sweden’s Wallenberg says business must adapt to new world order

Swedish business leader Marcus Wallenberg says we must adapt to a “completely new world order,” in which tension between China and the US drives Western countries to pour billions into clean energy.
Marcus Wallenberg | Photo: PR / SEB
Marcus Wallenberg | Photo: PR / SEB
By Laura Dhillon Kane / Bloomberg

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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