Each trend poses risks and opportunities that will directly affect the operating environment for multinational corporations. Understanding the dynamics behind each issue and staying alert to key watchpoints will be crucial to navigate the shifting regional business environment.
TAG’s 2024 Indo-Pacific Trends to Watch Read More »
Energy prices have remained largely stable since Hamas’s October 7 attacks. But regionalization of the conflict or non-military retaliation by Arab governments would likely drive up prices.
Indo-Pacific Implications of the Israel-Hamas War Read More »
China’s initial posture following Hamas’ surprise terrorist attack in Israel on October 7 reflected a familiar strategy of minimizing risk by avoiding involvement and any sharp public statements. Notably, China has not specifically condemned Hamas’ October 7 actions, but has condemned violence against civilians and called for restraint by “all parties.”
China’s Calculus on the Middle East Crisis Read More »
The CAC, which was founded in 2011 as the country’s internet regulator and enforcer, is not a typical administrative agency in the executive branch of the government. Instead, the CAC is a party-state entity, closely intertwined with the Chinese Communist Party (CCP), and thus holds more power than most ministries under the leadership of Premier Li Qiang and the State Council. This arrangement adds to the challenges posed to companies, both domestic and foreign, operating in China.
Key Trends in China’s Data Policies Read More »
Beijing seeks to promote the BRF as an event on par with other high profile multilateral engagements – and China as the leader of the Global South. Media reports, however, suggest that fewer high-level Western officials will attend the 2023 BRF than in years past.
Previewing China’s Third Belt and Road Forum Read More »
Over the last few years, European leaders have switched their approach to Beijing from primarily one of forward-leaning engagement to one of select and uneven “de-risking.”
Parsing Europe’s Conflicted China Policy Read More »
Kishida decided to retain Secretary-General Motegi, to box him in and make it more difficult for him to mount a presidential bid next year.
Kishida Refurbishes His Cabinet Read More »
At their trilateral summit at Camp David on August 18, U.S. President Joe Biden, South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida announced significant new steps toward a lasting structure for trilateral security cooperation. While their pledges fell short of a formal security agreement, the leaders committed to initiatives that demonstrate their shared geopolitical and economic security concerns and to enhance trilateral cooperation mechanisms, especially by strengthening the fragile Japan-South Korea leg of the triangle.
China’s economic numbers do not paint a pretty picture. The International Monetary Fund, World Bank, and private sector forecasters have lowered their 2023 and 2024 China growth projections to around five and 4.5 percent, respectively.
Summer Read: Four Scenarios for the Chinese Economy Read More »
The South Korean economy is noticeably sputtering, especially in comparison to stronger post-COVID recoveries elsewhere in Asia. Korea’s exports are down 15 percent year-on-year. Meanwhile, interest rate hikes by the Bank of Korea (BOK) to stem inflation have been largely successful but have hit the country’s USD 107 billion housing market and construction industry especially hard. Housing prices fell in April for the eleventh straight month and are down about ten percent from their peak last summer. Residential real estate is the largest class of assets for most Korean households, so a drop in values can have a strong and negative wealth effect on household spending.
South Korean Economy Facing Headwinds Read More »
"*" indicates required fields