India’s manufacturing economy is undergoing a historic transition as the country emerges as a global hub for electronics production. Given the geopolitical and economic backdrop, policymakers have set an ambitious target of expanding this sector’s output to $300 billion by mid-2026.
Strictly speaking, IMEEC is not a corridor. A corridor implies goods travelling from a source to a market over a vast territory that contributes a pathway but no significant value addition. BRI is such a corridor. It is essentially a one-nation narrative – that of Chinese manufacturing seeking market access in distant countries. In contrast,
TAG Partner & India Chair Ashok Malik Writes on the India-Middle East-Europe Corridor Read More »
Ashok Malik, Partner & Chair of The Asia Group hails India’s presidency of G20. He says. India-Middle East Europe corridor has the potential to become transformative in terms of economic development and infrastructure.
TAG Partner & India Chair Ashok Malik Comments on India’s G20 Presidency Read More »
For many corporations and governments, Central Asia has often been overlooked. Known for its five former Soviet Union “Stan” countries, with Kazakhstan leading as the region’s largest economy, the area has been treated like a “forgotten child.” However, that perception is changing due to two main factors: shifting geopolitical realities and China’s increasing interests.
TAG Managing Director George Chen Writes on Opportunities for Investment in Central Asia Read More »
“There will be strong focus on U.S. support for Vietnam’s development of its innovation economy, and that includes things like supporting semiconductor development, you know, workforce development and secure supply chains,” he said.
TAG Principal John Lichtefeld Comments on President Biden’s Vietnam Trip Read More »
“What Modi has demonstrated, and what the U.S. is leaning into, is a leader who is willing to make bets on the future of the country,” Nirav Patel, the chief executive of the Asia Group and deputy assistant secretary of state for East Asia and the Pacific under President Barack Obama, said in an interview. “The diplomatic as well as political stability that Modi enjoys allows this relationship to be more fruitful, and Biden has leaned into that.”
TAG CEO Nirav Patel Comments on POTUS Visit to India Read More »
“The president’s visit, in some ways, is really just a victory lap against a lot of critics and skeptics in Asia, particularly those who believe that the U.S. is in relative decline,” said Nirav Patel, CEO of the U.S.-based Asia Group consultancy.
TAG CEO Nirav Patel Comments on POTUS Visit to Vietnam Read More »
“The president’s visit, in some ways, is really just a victory lap against a lot of critics and skeptics in Asia, particularly those who believe that the U.S. is in relative decline,” he said.
TAG CEO Nirav Patel Discusses President Biden’s Vietnam Trip Read More »
Over the past three decades, Japan has battled persistent economic stagnation, reckoned with depopulation, rising inequality, voter disengagement, and endured threats to Asia’s long peace. Remarkably, Japan has emerged from its “lost decades” unscathed from the populist wave that today permeates several major democracies and as a far more consequential actor in the geopolitics of the Indo-Pacific. The country has reinvented itself as a network power to overcome the harsh realities of diminishing relative capabilities. How has Japan accomplished this reinvention? What lessons can be learned from how it has coped with slow growth, adverse demographics, adjustment to economic globalization, and the emergence of a powerful and assertive China? And how can Japan handle the hurdles ahead?
Chinese policymakers’ preference for national security over economic growth risks plunging the country into a period of sustained deflation, they write.
TAG’s Charles Dunst and Kurt Tong Write on China’s Economy Read More »
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