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The 119th Congress and China: Widespread Interest but Doubtful Legislative Outcomes

Commentary /

Key Takeaways Much Talk, Less Action: Bipartisan interest in China on Capitol Hill is wide but not deep. In 2024, Congress held nearly 40 China-focused hearings – a slight drop from 50 in 2023 – and debated over 800 China-related resolutions, bills, and amendments. But aside from a piece of nearly unanimous legislation to force ByteDance […]

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India’s Union Budget 2025-26

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On February 1, 2025, India’s Minister of Finance Nirmala Sitharaman delivered the Union Budget Presentation. This year’s Budget comes as the Narendra Modi government contends with narrower economic growth projections driven by fluctuating global economic conditions, with Minister Sitharaman estimating India’s GDP growth at 6.3-6.8 percent for FY 2025-2026. Accordingly, the Budget showcases the Indian government’s efforts to drive consumption-led

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Updated U.S. Export Controls on Advanced Chips Seek to Close Loopholes and Push Allied Alignment

Commentary /

The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced on December 2 updates to export controls that limit China’s access to advanced semiconductors and semiconductor manufacturing equipment in order to slow China’s military modernization and use of advanced technologies that enable human rights abuses. These rules are the Biden administration’s third major update in three years and are expected to serve as the final update before a change of administration.

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Trump’s Election Victory: The View from the Region

Commentary /

In response to the U.S. election outcome, TAG sampled media commentaries and official statements from across the Indo-Pacific region, leveraged our in-house AI engine’s capabilities to process those findings, then peppered our results with insights from the region. Overall, we found that the major economies of the region feel challenged by the impending Trump presidency, but largely confident that they can continue to engage the United States effectively.

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Harris vs. Trump: China Policy

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While the general negative trajectory of U.S.-China relations will not change after the election, competition is likely to intensify, and relations may become more unpredictable under a second Trump administration. Both Trump andHarris view China as the United States’ pacing threat and seek to curtail China’s technological advancement, military modernization, and non-market practices. However, their approaches may emphasize different policy instruments.

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Chinese Companies “Nearshoring in Mexico,” Making Washington Unhappy

Commentary /

Chinese firms view Mexico as a compelling investment destination in North America. Foreign direct investment (FDI) flows from China into Mexico represent Mexico’s fastest-growing source of inbound industrial capital. In 2022, China’s annual FDI into Mexico reached a record high and was almost four times the total in 2015. These most recent numbers also do not account for a wave of large investment deals signed in the past two to three years, some in the billions of dollars, that will be reflected in official data over the coming years.

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