Asia and the Gulf have deepened their interdependence over the past decade, particularly in energy, trade, investment, and technology. Gulf Cooperation Council (GCC) nations are strengthening ties with Asian countries like China, India, Japan, South Korea, and ASEAN, fostering mutual economic growth. These partnerships are driven by shared goals including economic diversification, energy security, and the advancement of emerging technologies like AI, renewable energy, and electric vehicles. Growing Asian-Gulf ties are strategically important amid global and regional challenges.
A collaborative article by the Asia Business Council and McKinsey delved into the perspectives of business leaders in Asia as they navigate an emerging and potentially more turbulent era, in terms of world order, technology, demographics, resource and energy systems, and financial capitalization. Overall, they believe the region can sustain its growth but will need strategic adjustments to address disruptions and volatility in a multipolar world.
The latest Asia Business Council survey shows firms are worried about politics increasingly encroaching on business and driving potential decoupling. Energy is the top concern amid high prices and the continuing fallout from Russia’s invasion of Ukraine.
Hong Kong’s unique political system can serve as a case study for those studying policy in institutions around the world.
The new Hong Kong administration should build on the city’s strengths to enable business partnerships and cultural and educational exchange that connect Hong Kong and mainland China with Japan and South Korea.
In 2021, resilience is undoubtedly top-of-mind for business leaders as they face the COVID-19 pandemic and threat of climate change amidst a precarious geopolitical environment. While corporate resilience is the capacity of an individual company to transform nimbly, rebound quickly, and prepare effectively for dramatically changed circumstances, collective resilience refers to the capacity of multiple …
The year 2020 will be remembered for the turbulence caused when a pandemic swept through the world, fundamentally changing people’s way of life, presenting unprecedented challenges to governments worldwide, and forcing businesses to reflect and adapt in order to survive. With this in mind, the Asia Business Council and the Tanoto Center for Asian Family …
The deteriorating bilateral relationship can benefit from expert input from the business community as Beijing and Washington redraw the lines in strategic industries. Business ties can also play a stabilizing and humanizing role as dialogue channels shrink elsewhere.
Opportunities to participate in global governance and diplomacy will broaden young people’s horizons and deepen their understanding of China and the world.
The arts are a crucial economic engine that should play a role in the relaunch of Hong Kong in a post-pandemic world.
