Explainer: What explains the underperformance of multinational enterprises?

BEIJING, Sept. 26 (Xinhua) -- Well-known multinational enterprises such as Volkswagen, Intel, and PricewaterhouseCoopers have recently downsized due to underperformance, while companies like U.S. Steel and Boeing have experienced large-scale strikes due to poor management and internal conflicts.

Analysts have said that the sluggish global economic recovery after the COVID-19 pandemic has led to decreasing demand