In anticipation of the uncertainties of Trump’s transactional approach to U.S.-China relations, Beijing has tried to warm diplomatic relationships and smooth over trade disputes with non-U.S. trade partners.
China’s Geopolitical Posturing for a Second Trump Term Read More »
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.
Southeast Asia will continue to benefit from increasing supply chain diversification and focus on resiliency. Diversification predates Trump’s first term, initially driven by higher production costs in China.
Forecasting Trump’s Impact on Southeast Asia Read More »
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.
Chinese Companies “Nearshoring in Mexico,” Making Washington Unhappy Read More »
On October 27, the ruling LDP and Komeito lost their majority in the Lower House, losing a combined 64 seats to opposition parties led by the CDPJ, which gained 50 seats.
Political Turmoil Rocks Japan as Ruling Parties Lose Majority Read More »
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Example Grouped Post (Biden vs. Trump) Read More »
On October 21, Vietnam’s National Assembly unanimously elected General Luong Cuong as the country’s new president. General Secretary To Lam, who had been serving concurrently as president, will now focus on his primary role as head of the Communist Party. Luong Cuong’s promotion signifies Vietnam’s return to the tradition of collective leadership, with power shared among the four highest ranking positions (the “four pillars”) – general secretary, president, prime minister, and chairman of the national assembly. With a decades-long career in the military, Luong Cuong adds a military presence to Vietnam’s leadership group, which was dominated by those with a police background.
Vietnam Appoints Army General Luong Cuong as New President Read More »
The Asia Group (TAG) has released an update to its 2023 white paper “Observations on Drug Pricing and Innovation in Japan” which analyzes the outstanding policy challenge of the “zero co-factor” rule under the cost-based price calculation method, which continues to undermine the Japanese government’s efforts to restore the country’s drug discovery capabilities and create a robust pharmaceutical industry ecosystem.
複雑な薬事行政環境にもかかわらず、多くの製薬会社にとり日本は依然として重要な市場である。日本市場は、2023年には約880億ドルで米国と欧州連合に次ぐ世界第3位であり、2029年には約919.4億ドルになると見込まれる。
日本の創薬インセンティブ政策：望まれる目標の実現を困難とする政策的課題 (JPN) Read More »
On October 20, Prabowo Subianto was inaugurated as Indonesia’s eighth president. Outlining his administration’s priorities in his inaugural address, Prabowo emphasized his campaign pledges on improving nutrition, healthcare, and housing, while also highlighting the continuation of President Joko “Jokowi” Widodo’s industrialization policy (including through the export ban of raw critical minerals). Notably, Prabowo did not mention the development of the new capital city, Nusantara, one of Jokowi’s expensive legacy policy priorities that will likely compete with the new President’s own priorities for resources.
Prabowo Subianto Sworn In as Indonesia’s President; Announces Cabinet Read More »
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