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IPEF failure will hurt US firms on digital trade

Location:

UNITED STATES

Although it does not have the force of law, the IPEF Supply Chain Agreement, along with the associated IPEF Critical Minerals Dialogue, is expected to strengthen chains of…

Taiwan will continue to diversify its investments

Location:

TAIWAN

Rerouting of capital flows follows not only global supply chain realignment away from China but also Taipei’s New Southbound Policy (NSP), which will facilitate Taiwanese…

US trade exposure to China will remain high

Location:

CHINA/UNITED STATES

In January-November, imports of Chinese goods dropped more than 20% year-on-year. China’s share of total US imports plunged to 13.9% from 16.7% in the same period in 2022, while…

China’s defence spending will remain stable

Location:

CHINA

Defence spending will account for 1.2% of GDP in 2024, having remained stable at around this figure for at least the past two decades. Nevertheless, outside estimates of China’s…

South Korea will regain growth momentum

Location:

SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

ASEAN-Australia relations will grow

Location:

ASEAN/AUSTRALIA

Besides a leaders’ plenary and retreat, there were events linked to four thematic tracks: business; climate and clean energy; maritime cooperation; and emerging leaders…

Thai search for investors in land bridge will be tough

Location:

THAILAND

The road-and-rail project, which could end up costing around USD30bn, would link deep-water ports on either side of the Kra Isthmus, in effect connecting the Andaman Sea and the…

Thailand will pursue a more proactive foreign policy

Location:

THAILAND

Thailand is devoting more attention to foreign policy under Srettha. The fallout from the 2006 and 2014 coups adversely affected its foreign relations, but it retains an important…