Commentary

Key Takeaways: Prime Minister Lawrence Wong and his ruling People’s Action Party (PAP) won the May 3 election with a strong mandate. Winning 87 of 97 contested seats, the PAP increased its presence in parliament and grew its total share of votes from 61.2 percent to 65.57 percent. Singaporean voters embraced the PAP’s stable and experienced leadership over the opposition’s

Key Election Outcomes: Prime Minister Anthony Albanese has won the Australian election in a landslide, securing a clear parliamentary majority with a bigger-than-expected swing of almost three percent to the Labor Party. The Liberal-National Coalition endured a historic loss with Leader Peter Dutton exiting politics after losing his seat and the Liberal Party’s overall seat

Key Takeaways: • China’s Made in China 2025 (MIC25) initiative is a strategic blueprint designed to transform the country’s economy from the world’s top factory for low-cost goods into a leader in high-tech and innovative manufacturing. • Since its initial release in 2015, China has frequently rebranded MIC25 to match its industrial policy objectives, while

Key Takeaways:   The likelihood of a meeting between Trump and Xi – considered a key event to get trade negotiations started – remains low in the near term. Trump has repeatedly expressed interest in meeting with Xi to “make a deal.” But Xi is in no rush to look weak or begin negotiations. China’s