In his 3rd address to World Economic Forum, Chinese President Xi Jinping said 'we need to resolve various risks and promote the steady recovery of the world economy'.
The impact of Covid pandemic has been profoundly disproportionate across different segments of populations and disrupted the development roadmap for South Asian economies.
By helping relocate production that doesn’t make sense for it to places like Taiwan, Vietnam, and India, US can move to secure its allegiance through job creation and investment.
The drop in international commerce was quick and steep during the first Covid lockdowns, but a rebound fueled by emergency fiscal and monetary stimulus has been almost as sharp.
The RCEP will bind the 10 economies of Southeast Asia with China, Japan, S. Korea, Australia & New Zealand. To provide a counterweight, the US needs the Trans-Pacific Partnership.
Growth in foreign investment in Vietnam's Bac Giang province is almost doubling every year and the province forecasts exports value to reach $11 billion, a tenfold leap in 6 years.
With govts having to fund trillions of dollars in bailout packages for businesses, finding extra capital to restructure global supply chains is a tall order.
The 2 countries have been in a bitter trade war since last month when Japan imposed export controls on 3 essential chemicals used to make memory chips, which is among Korea’s top exports.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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