First conceived at the 19th ASEAN (Association of Southeast Asian Nations) Summit in Bali, Indonesia, way back in 2011, the Regional Comprehensive Economic Partnership (RCEP) finally came into fruition on November 15 at this year’s 37th ASEAN Summit. In line with these pandemic times, while the ASEAN meeting was nominally held in Hanoi, Vietnam, it […]
While the impact of coronavirus on Indian industry has so far been moderate, India’s extremely high import dependence on China means there are significant ramifications for Indian industry. Of the top 20 products that India imports from around the world, the average Chinese share is close to 30 percent. Sectors in India that have been […]
China is the largest source of imports (2018) for 9 of the 10 Southeast Asian economies and the largest or second largest export market (2018) for seven of the countries in the region, Indeed, as an economic bloc, Southeast Asia is China’s second largest overall trading partner, trailing the EU but ahead of the USA. […]
Trade issues, usually of esoteric interest to readers of the business pages, are increasingly and literally becoming front page news, most notably with the current US-China trade spat. Given this rather fraught backdrop, free trade proponents would have been heartened by the long awaited launch of the Asia Pacific FTA known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, just before the turn of the new year.
Airships. Maybe it’s just me but whenever I hear that word it’s a grainy black & white newsreel of the Hindenburg spectacularly burning up over New Jersey in 1937 at the end of a transatlantic flight that centers in my mind. So I was intrigued when one of my fellow organizing committee members for the […]
Japanese Prime Minister Shinzo Abe in a speech to American business leaders in New York on September 19 said this: “Japan and the US must each obtain domestic approval of the TPP as soon as possible. Success or failure will sway the direction of the global free trade system, and the strategic environment in the […]