Myanmar’s economic disaster bleeds deep and wide

After nearly two years of military rule, Myanmar remains trapped in conflict, facing increasing political instability and a growing humanitarian crisis. While businesses and the labor market had already been affected by the Covid-19 pandemic, post-coup instability has done even more damage to Myanmar’s economy. This began with a cash shortage, rapid depreciation of the kyat against […]Continue Reading

Copper again will transform the way the world works

Copper is all around us. The metal is both ever-present and invisible in our world. Copper makes reading the words on this screen possible. And the global spread of artificial light, electric power and telecommunications all required ever-increasing quantities of copper. Where does all of this copper come from? How was it produced, distributed, controlled, […]Continue Reading

An inflection point in US trade policy

December 2022 highlighted how much US trade policy has changed in recent years. It is tempting to blame the changes on former US president Donald Trump, whose protectionist views were strongly held and clearly stated. Many observers have been surprised by the Biden administration’s continuation of many Trump policies, albeit with different rhetoric, which culminated […]Continue Reading

Will China continue to dominate global trade in 2023? 

China’s export performance is clearly important for the world, and certainly Europe. To start, global inflation not only depends on commodity prices but also on China’s export prices and its own cost dynamics. Second, the European Union is the other major export machine, together with China, so developments in China’s export capacity and competitiveness are […]Continue Reading

Cambodia revival hinges on Chinese tourists

The many unfinished buildings — most owned by Chinese investors — lining the streets of the coastal town of Sihanoukville may be symptomatic of the Cambodian economy entering 2023. Cambodia’s economic rebound in 2022, with GDP growth of 4.8%, has been slower than many had hoped. For 2023, the Ministry of Economy and Finance has pegged […]Continue Reading

US keeps chipping away at Dutch resistance on China

Although the two countries’ leaders met in Washington on Tuesday, the United States and the Netherlands have yet to reached agreement on some possible new restrictions on exports to China. After a face-to-face discussion with US President Joe Biden in the White House, Dutch Prime Minister Mark Rutte told Dutch TV program Nieuwsuur that he […]Continue Reading

Singapore’s 2023 hinges on smooth China reopening

SINGAPORE – Singapore’s export-reliant bellwether economy is bracing for tough times in 2023 with trade expected to shrink or record no growth amid weakening global demand, tighter liquidity and persistent inflation. Accordingly, many economists foresee a possible technical recession in the first half of next year. Though the Ministry of Trade and Industry (MTI) does […]Continue Reading

HK gearing up for mainland tourist surge

Shops and restaurants in Hong Kong are returning to prime sites plus hiring more staff as mainland Customer expected to end the hotel quarantine needs in January. The particular Travel Industry Authorities of Hong Kong needs that the number of travelers visiting Hong Kong will probably increase by twenty to 30% in the coming month. […]#@@#@!!Continue Reading

Huawei’s smart mining project showcases Industry 4.0 tech

Huawei Technologies, a Shenzhen-based telecommunication equipment maker, is focusing on “5G2B” – the application of advanced broadband, Artificial Intelligence, and Big Data to business—as its main growth driver. American sanctions cut off Huawei’s access to the advanced chips that power 5G handsets, pushing the Chinese giant from the top position in the global smartphone market […]Continue Reading