A new report by the Asia Business Council, featuring the Asia Manufacturing Diversification Index, assesses the preparedness of ten emerging Asian economies vis-à-vis China in a new world of global trade, as multinational businesses look to adopt “China-plus-one” or even “China-plus-many” strategies in export manufacturing, and intra-Asian trade continues to soar. It offers a strategic roadmap for countries aiming to increase their investment appeal by identifying new growth opportunities and overcoming obstacles in the face of global supply chain shifts and escalating trade tensions.
Asian countries may suffer setbacks in their manufacturing ambitions if they aren’t able to produce more sustainably from the start and decarbonise rapidly
The speed of India’s rise in consumerism is outpacing China’s as the gap between the two countries’ markets continues to narrow. If it wants to maintain its lead as the world’s top market, China must broaden its focus to include rural areas and cater to often-overlooked consumer bases.
The Philippines, Indonesia, Vietnam, India, and Thailand have benefited from global supply chain diversification and are poised to capitalize on their large labor pool and potential consumer market to reach the next level of development
With Chinese lending to Africa shrinking, the continent must find ways to support its own development. It could do so by increasing internal trade, diversifying tradeable goods away from commodities, and developing its relationship with the U.S.
Against a backdrop of electricity shortages in China’s most important provincial economy, a report of a possible radiological leak from China’s Taishan nuclear reactor is raising questions about safety and transparency of information.
Chinese policy makers are increasingly worried that the country’s rise could be stymied by the same demographic factors that bedevil Japan, which has become the poster child for an aging society.
Yao Yuanchen, a student at the Tokyo University of Foreign Studies, advocates for a three-pronged solution to Japan’s plastic waste problem: banning the export of plastic waste, raising public awareness, and improving the quality of plastics used. Japan has exported a large portion of its waste products to China in recent years, but China announced …
Following an announcement by China that it would phase out sales of new internal combustion engine cars by 2035, the promise of fast growth in electric vehicles and batteries has sent stocks soaring.
Leveraging its resources and expertise, Lenovo, a leading technology company developed educational solutions that could “go beyond the device” during the pandemic. While its commercial solutions ranged from hybrid classrooms to cybersecurity and virtual reality, Lenovo’s philanthropic efforts included hardware donations in North America and laptop donations to students in Milan and refugees in the …
