News & Insights Across Asia
The G7 Summit in Italy highlights shifting global economic influence as emerging economies gain prominence. Leaders discussed key issues amidst internal political challenges and a changing international landscape.
The EU’s new tariffs on electric vehicles from the Chinese mainland could stifle free trade and harm both economies, threatening the global automotive industry and innovation.
The 27th St. Petersburg International Economic Forum highlights Russia and China’s strengthened cooperation and the global shift towards a multipolar economic order, emphasizing reduced dependency on the U.S. dollar.
Amid global uncertainties, China is enhancing cooperation to maintain financial stability. By focusing on real estate, green financing, and innovation, China aims to promote high-quality development.
The 27th St. Petersburg International Economic Forum has begun in Russia, drawing representatives from over 130 countries to discuss global economic growth in a multipolar world.
Croatian National Bank Governor Boris Vujčić emphasizes the need for a diversified international financial system to ensure global stability amid rising geopolitical tensions and economic challenges.
Hungary’s Central Bank Governor, Gyorgy Matolcsy, urges the reconstruction of the global financial system amid rising tensions, highlighting competition with China as a catalyst for change.
Economists Gyorgy Matolcsy and Boris Vujcic discuss the urgent need to establish a new international economic order to address rising global challenges.
The Bank of Japan’s unexpected reduction in long-term bond purchases has raised concerns over the yen’s depreciation and its impact on the global economy.
Hungarian central bank governor György Matolcsy highlights the mutual benefits of China-Hungary relations, emphasizing that the rise of China offers global opportunities.
IMF Managing Director Kristalina Georgieva praises China’s development model for its positive impact worldwide, highlighting its role in improving well-being in countries like Ethiopia.
The Bank of Japan’s unexpected reduction in long-term bond purchases has drawn global attention to the yen-dollar exchange rate. Experts discuss the impact on the yen and the world economy.
Stephen Innes of SPI Asset Management urges the Federal Reserve to reconsider its rate hike policies, highlighting the need to account for global economic recovery and prevent potential currency crises.
The United States announces new tariffs on $18 billion worth of Chinese imports, targeting key sectors and potentially escalating trade tensions with China.
China urges the United States to halt tariff hikes on key goods, calling for adherence to WTO rules and cooperation to maintain global economic stability.
China firmly opposes the U.S.’s addition of 37 Chinese entities to its export control list, accusing Washington of abusing export control measures and harming global industrial stability.
President Biden recently described nations like India, China, Japan, and Russia as “xenophobic,” stirring global discussions on immigration policies and economic growth.
China’s electric vehicles, lithium batteries, and solar panels are driving global economic recovery by meeting the growing demand for affordable, green technologies.
Global demand for new energy vehicles is expected to reach 45 million units by 2030, signaling a major shift toward green energy. As trade debates intensify, how will countries balance economic interests with sustainable development?
Criticisms of the Chinese mainland’s ‘overcapacity’ may divert the EU’s focus from its own industrial challenges, potentially undermining competitiveness in green industries.