#asia

UN ESCAP: Has WTO Trade Facilitation Agreement Really Helped Reduce Trade Costs?

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 29
2 min

UN ESCAP: Has WTO Trade Facilitation Agreement Really Helped Reduce Trade Costs?

Five years after the entry into force of the WTO Trade Facilitation Agreement (TFA), many countries have made progress in implementing the agreement, much technical assistance has been provided, and a lot of success stories have been highlighted at the project or national level for specific measures. But can we find any macro-level quantitative evidence of the impact of the WTO Trade Facilitation Agreement on trade costs? Using the latest release of the ESCAP-World Bank bilat

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GTDW FDI Trade & Supply Chain Digitalisation News

Jun 27
1 min

The Benefits Of Trade Liberalization

The case for free trade has always been a tough sell. While trade is an economic endeavor, trade policy is the product of politics, where perceptions often matter more than facts. Domestic politics, national security concerns, and geopolitics conspire against the economics and the prospects for resuscitating multilateralism. The world remains deeply connected on trade despite political turbulence across continents. Trade as a share of global value grew by 23%, from 46.8% in 2

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Top ten global FDI locations for cybersecurity

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 24
1 min

Top ten global FDI locations for cybersecurity

The past ten years have seen cybersecurity become an issue affecting both corporations and individuals, but which cities attract the most FDI in this field? Accelerated global digitalisation, particularly during the Covid-19 crisis, has led to an accompanied rise in cybercrime. Global cybersecurity revenues will see strong growth, reaching $198bn by 2025, up from $125.5bn in 2020, according to GlobalData’s thematic research team. This figure includes software, hardware and se

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Are Asian Consumers Rescuing Chinese Exports?

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 24
3 min

Are Asian Consumers Rescuing Chinese Exports?

The latest trade insights from John W Miller, Chief Economic Analyst, Trade Data Monitor; Chinese exports recovered in May, boosted by a tapering off of antivirus restrictions and higher prices in the U.S. and Europe. Overall, Chinese exports rose 16.9% year-on-year to $308.3 billion, after increasing only 3.9% in April. Monthly imports increased 4.1% to $229.5 billion, over the 0.0% figure for April. The performance beat analysts’ expectations for May. With the Covid restric

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RCEP: Can Multilateralism Lead to Economic Growth in Asia Pacific? New Report Launched

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 22
2 min

RCEP: Can Multilateralism Lead to Economic Growth in Asia Pacific? New Report Launched

Since the Regional Comprehensive Economic Partnership entered into force in Jan 2022, its impacts are largely unknown. This report brings together the insights from 20 experts across 10 different Asia-Pacific countries analyzing how RCEP will change the economic and political landscape in the 21st century. Accounting for nearly a third of the world’s population and almost 30% of global GDP, the Regional Comprehensive Economic Partnership (RCEP), entered into force on January

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GTDW FDI Trade & Supply Chain Digitalisation News

Jun 20
2 min

Towards An Asian Digital Trade Zone

Are the Himalayas too high for the internet to pass? The prospect of an Asian digital single market seems remote, especially when India and China seem to be pulling apart. India is busy banning Chinese apps like TikTok, while China promulgates ever stricter rules on data transfer abroad. Asian governments still fail to see that rising above local conflicts might yield enormous dividends, strengthening their own economic security in the process. Digital single markets permit c

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Ranked: Visualizing the Largest Trading Partners of the U.S.

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 2
1 min

Ranked: Visualizing the Largest Trading Partners of the U.S.

The U.S. economy grew 5.7% in 2021, the fastest pace since 1984, bouncing back from the economic downturn created by the pandemic. But as supply chain issues reared their head and international restrictions came in and out of play, how did the country’s trade situation shape up? America’s trade deficit of goods shot up to a whopping record $1.1 trillion in 2021 from $922 billion in 2020, leading to its largest ever deficit. Imports dwarfed exports, reaching new highs of $2.9

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These ports are causing the most congestion in the global supply chain, new CNBC charts show

GTDW FDI Trade & Supply Chain Digitalisation News

May 26
1 min

These ports are causing the most congestion in the global supply chain, new CNBC charts show

The drop in Shanghai's port productivity, which is driven by to the lack of people working due to Covid lockdowns, can be seen in the container wait time at the port, according to CNBC's new Supply Chain Heat Map. "In Shanghai, ocean terminals, warehouses, and trucking services are operating as normal but with lower efficiency due to staff shortages and lack of drivers," said Brian Bourke, chief growth officer of SEKO Logistics. CNBC's Supply Chain Heat Map is a new data tool

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Biden Unveils Indo-Pacific Trade Framework, Accounting For 40% Of The World's GDP

GTDW FDI Trade & Supply Chain Digitalisation News

May 23
2 min

Biden Unveils Indo-Pacific Trade Framework, Accounting For 40% Of The World's GDP

The U.S. government has announced that its new economic grouping for the Indo-Pacific will begin with 13 inaugural members, accounting for about 40% of the world's gross domestic product. US President Joe Biden on Monday announced the launch of a new Asia-Pacific trading network during a visit to Japan. The framework, which includes an initial 13 countries, including India and Japan, has been touted as a counterweight to China's aggressive expansion in the region. "The United

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The 50 Minerals Critical to U.S. Security

GTDW FDI Trade & Supply Chain Digitalisation News

May 18
1 min

The 50 Minerals Critical to U.S. Security

With China controlling the supply chains for many critical minerals this has now become a matter of policy concern for major economies given the vulnerability of supply chains through protectionism and control of the mining and associated processes to drive industry 4.0 and advanced manufacturing industries associated with economic growth. The American green economy will rely on renewable sources of energy like wind and solar, along with the electrification of transportation.

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OFFICIAL TRADE DATA: Global Trade Slows as Economies Adjust to Life After Stimulus

GTDW FDI Trade & Supply Chain Digitalisation News

May 18
3 min

OFFICIAL TRADE DATA: Global Trade Slows as Economies Adjust to Life After Stimulus

By John W Miller, Chief Economic Analyst, Trade Data Monitor; The global economy avoided a meltdown 2020-2022 due to the Covid-19 pandemic because governments around the world, led by the U.S., printed trillions of dollars for their own citizens, oiling consumer demand and goosing merchandise trade around the world. That steroid is now wearing off, as consumers have spent most of the money they were given, and because their spending fueled inflation, making it harder to buy a

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APEC: Investment Promotes Economies’ Participation In Global Value Chains

GTDW FDI Trade & Supply Chain Digitalisation News

May 17
1 min

APEC: Investment Promotes Economies’ Participation In Global Value Chains

A new study by the APEC Policy Support Unit revealed that foreign direct investment provides an important pathway to global value chain participation, showing that participation develops as investments accumulate. “When member economies hold a central position in the foreign direct investment network, they have the tendency to also be hubs in the global value chain trade network,” said Dr Akhmad Bayhaqi, a senior analyst with the APEC Policy Support Unit. “And when economies

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ASIA FDI, TRADE & ECONOMIC DEVELOPMENT EXPERTS

GTDW FDI Trade & Supply Chain Digitalisation News

May 16
1 min

ASIA FDI, TRADE & ECONOMIC DEVELOPMENT EXPERTS

Annually KW Group: Asia FDI, Trade, Economic Development & Market Access support over 100+ businesses & government entities with inbound and outbound Asia-Pacific foreign direct investment (FDI), trade, economic development, market access, research, policy & intelligence projects on a full-time & project basis. Established in 2010 we have extensive start-up / scale-up experience & networks with regional investors, governments, multipliers, and businesses. By 2030 65% of the

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EY releases the Overview of China outbound investment of 2021

GTDW FDI Trade & Supply Chain Digitalisation News

May 3
3 min

EY releases the Overview of China outbound investment of 2021

Higher investment growth was observed in Belt and Road region; health care and life sciences sector in Europe and North America was popular China’s overall outward direct investment (ODI) reached US$145.2 billion in 2021, up 9.2% year-on-year (YOY), whilst non-financial ODI reached US$113.6 billion, up 3.2% YOY. Belt and Road (B&R) non-financial ODI increased 14.1% YOY, which continued to outperform the overall growth rate. The announced value of China overseas mergers and ac

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South-east Asia could draw some investors away from China as virus lockdowns bite

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 29
1 min

South-east Asia could draw some investors away from China as virus lockdowns bite

MAJOR South-east Asian economies are set to pull more foreign direct investment (FDI) in the near term, as investors grow wary about China’s locked-down market. Still, China’s status as the regional giant is likely to stay unchallenged, especially in the longer run. “FDI flows into Asean have proven extraordinarily resilient over the last couple of years,” Frederic Neumann, co-head of global research for Asia at HSBC, told The Business Times. “Asean has been a growing magnet

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Mapped: The World’s Largest Economies, Sized by GDP (1970-2020)

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 28
1 min

Mapped: The World’s Largest Economies, Sized by GDP (1970-2020)

Global GDP has grown massively over the last 50 years, but not all countries experienced this economic growth equally. In 1970, the world’s nominal GDP was just $3.4 trillion. Fast forward a few decades and it had reached $85.3 trillion by 2020. And thanks to shifting dynamics, such as industrialization and the rise and fall of political regimes, the world’s largest economies driving this global growth have changed over time. This slideshow using graphics from Ruben Berge Mat

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China’s stranglehold of the rare earths supply chain will last another decade

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 27
1 min

China’s stranglehold of the rare earths supply chain will last another decade

As EV & Advanced Manufacturing hots up in Asia a timely article by Investment Monitor on the critical elements that are driving the new agenda; 'Angola, Australia and the US are all poised to ramp up the production of rare earth elements during the next few years, but China is set to continue enjoying an 80% share of the global refining of the vital metals.' In January 2022, China said it was creating a new state-owned enterprise, China Rare Earth Group, a ‘megafirm’ that wil

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As Vietnam’s Export Economy Matures, Stronger Ties With China

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 26
3 min

As Vietnam’s Export Economy Matures, Stronger Ties With China

The burgeoning economy of Vietnam is maturing its way into a new phase. The Asian nation of 97.3 million has taken its place among the linchpins of high-tech supply chains, taking in raw materials and churning out mobile phones, tablets, and other computer gear for over a billion middle-class consumers all over the world. In addition, Vietnam is becoming a key part of the alliance of Asian trading powers setting up a counterpoint to the economic poles of the U.S. and European

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How ASEAN Is Adapting To A Changing World

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 25
2 min

How ASEAN Is Adapting To A Changing World

ASEAN, a regional block of 10 very diverse countries, was created to support economic growth, good governance, and human rights in Southeast Asia. After decades of rapid growth, these 10 countries now face changing global dynamics, internal divisions, and economic uncertainty. This week, the Altamar team of Peter Schechter and Muni Jensen is joined by Niharika Mandhana, the Southeast Asia bureau chief for The Wall Street Journal. She leads a team of correspondents covering po

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Satellite Maps: Shanghai’s Supply Chain Standstill

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 22
1 min

Satellite Maps: Shanghai’s Supply Chain Standstill

Wait times for at Shanghai marine terminals has increased nearly 75% since the lockdowns began. Delays at the Shanghai terminal have sent ships to neighboring ports in Ningbo and Yangshan, but those ports are beginning to get congested as well. China has mandated a strict “zero COVID” policy since the onset of the global pandemic, which has led to tight lockdowns across the country whenever cases have started to spike. Recently, lockdown restrictions have been enacted in majo

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