Robotic upside to China’s demographic decline

China’s population has started to decline and this has set off a Pavlovian negative reaction – via the news media – of the sort that we have seen before in the case of Japan. Reuters warns that the news “sounds alarm on demographic crisis.” CNN predicts that the “impact will be felt around the world”, […]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

India needs an overall trade-profile revision

Part 1 is here. It is vital for India to identify critical dependencies, with criticality being defined in terms of the essentiality, quantitative utility and multi-sector relevance of the imported items (product categories and subcategories) as well as the singularity, stability, and vulnerability of their import origins vis-à-vis the viability and readiness of domestic and […]Continue Reading

US sanctions bite as Huawei runs out of phone chipsets

HiSilicon, a fabless semiconductor unit of China’s Huawei Technologies, has used up all its smartphone chipset inventory with no clear source of new supplies as Taiwanese fabs are no longer allowed to produce chips for it under US sanctions. The Shenzhen-based firm has seen its global smartphone chipset market share fall to zero in the […]Continue Reading

BOJ fires shot across US Treasury market’s bow

The Bank of Japan’s surprise policy tweak sent US government bonds down sharply, but US Treasury Secretary Janet Yellen probably hasn’t seen anything yet. As the BOJ allows the yen to appreciate at long last, Yellen’s team may soon find itself short of buyers for US Treasuries in Asia and beyond. As Japanese government bond […]Continue Reading