#asiatrade

Report: SE Asia Leads Adoption Of New Tech - Steady Rise In FDI Is Testament To Investor' Confidence

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 13
2 min

Report: SE Asia Leads Adoption Of New Tech - Steady Rise In FDI Is Testament To Investor' Confidence

Meta and Bain & Company report unveils key digital consumer insights as eCommerce outlook across the region remains positive and digital consumer population continues to grow! Southeast Asia’s long-term outlook remains robust with the region’s projected GDP growth from 2022 to 2023 forecast to outpace most other markets such as the US, the EU, and China. This is according to Bain & Company and Meta ’s annual SYNC Southeast Asia report which looks at the digital economy and th

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Amid Industrial Headwinds, China Records First Ever Auto Trade Surplus

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 2
3 min

Amid Industrial Headwinds, China Records First Ever Auto Trade Surplus

As the global economy recovers fully from the Covid-19 pandemic, the Chinese industrial sector appears to be facing headwinds, according to an analysis by Trade Data Monitor, the world’s premier source of trade statistics. China’s exports grew by 17.9% year-on-year to $331.3 billion, beating analyst expectations. Imports, however, increased by only 1% in June from a year earlier to $233.3 billion, below predictions of around 3%, and suggesting that Chinese factories are cutti

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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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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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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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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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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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Emerging Markets: Where To Put Your Money With Russia At War

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 20
1 min

Emerging Markets: Where To Put Your Money With Russia At War

Opportunities still exist in Asia, away from the uncertainty of China - Financial Times From the moment Russia’s tanks rolled across the Ukrainian border, the investment world changed. This is a war between two countries that mainly export commodities. Russia is the world’s largest oil exporter — at the turn of the year it was producing 11.3mn barrels a day, according to the International Energy Agency. It was also the world’s biggest exporter of wheat. Ukraine is another maj

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Global IPA Perception Study 2022 Launched By KPMG & AIM

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 8
2 min

Global IPA Perception Study 2022 Launched By KPMG & AIM

This report also attempts to highlight the pandemic induced operation model transformation of IPAs including investment sustainability, investment inclusivity, inclusive regional development and knowledge sharing across the spectrum of stakeholders. The report identifies that most countries are focused on actively attracting foreign and domestic investments with the help of highly proactive IPAs that have strong investment promotion policies in place. In general, majority of

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Golden Triangle: The World’s Worst Special Economic Zone

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 6
2 min

Golden Triangle: The World’s Worst Special Economic Zone

The Golden Triangle SEZ in Laos is mired in scandal and criminality, but the silence from SEZ authorities on the matter is deafening. In February 2022, authorities raided the Golden Triangle Special Economic Zone (SEZ) in Laos, freeing dozens of Chinese women from forced prostitution. For years, the Golden Triangle SEZ has been home to numerous illegal industries including human trafficking, wildlife smuggling and drugs production. Despite this, the zone has announced signifi

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Asian Locations Top Best Electronics R&D Ranking

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 4
1 min

Asian Locations Top Best Electronics R&D Ranking

Seoul leads fDi Benchmark’s analysis, followed by Chennai and Guangzhou The prominence of major Asian clusters in the electronics industry has made them attractive for research and development (R&D) operations. All but one of the 20 most competitive locations to set up an electronics R&D centre are located in Asia, according to an assessment conducted using fDi Benchmark, an investment location comparison tool. Seoul, the South Korean capital which is home to the large resear

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GTDW FDI Trade & Supply Chain Digitalisation News

Mar 3
5 min

An Investor’s Guide To RCEP Countries

The essential guide to RCEP for anyone establishing operations in Australia, Brunei, Cambodia, China, Indonesia, Japan, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, South Korea, Thailand or Vietnam. The Regional Comprehensive Economic Partnership (RCEP) Agreement entered into force on 1 January 2022 after almost a decade of negotiations. The agreement brings together Australia, Brunei, Cambodia, China, Indonesia, Japan, Laos, Malaysia, Myanmar, New Zealan

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Strengthening Intra-ASEAN Trade To Ease ASEAN’s Import Dependency

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 28
3 min

Strengthening Intra-ASEAN Trade To Ease ASEAN’s Import Dependency

As China’s cost base has risen and it looks to move up the value chain, an opportunity will arise for some Southeast Asian economies to replace China – a trend accelerated by the trade war and geopolitical tensions. However, breaking the dependency on China will involve a far higher degree of vertical integration and intra-ASEAN connectivity. There are few parts of the world that have a stronger interest in protecting and deepening the rules-based multilateral trading system

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Visualizing Countries Grouped by Their Largest Trading Partner (1960-2020)

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 13
1 min

Visualizing Countries Grouped by Their Largest Trading Partner (1960-2020)

Amidst supply chain issues and inflated shipping costs, global trade continued to grow last year, reaching an estimated $28 trillion in 2021—a 23% increase compared to the year prior. Which countries are the central nodes of the global trade network? While China is currently the world’s largest trading partner, this hasn’t always been the case. This series of graphics by Anders Sundell outlines the history of the world’s biggest trade hubs, showing how the landscape has evolv

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Asian Economic Growth To Outstrip Americas & Europe

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 2
2 min

Asian Economic Growth To Outstrip Americas & Europe

As pandemic eases, region will post the largest increase in GDP over the next two years In Asian economies, a powerful dynamic is unfolding that will unleash productivity growth and drive outperformance over other regions. It is a trend that has been under-appreciated by sceptical investors. Over the next two years, gross domestic product will rise faster in Asia than in the Americas and Europe, strengthening its position as the largest and fastest-growing economic bloc. Asia

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Why Covid-19 didn’t hurt tech brands’ appetite for Asian investment

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 10, 2021
2 min

Why Covid-19 didn’t hurt tech brands’ appetite for Asian investment

Companies have reason to be sceptical about investing in Asia in general, and in China in particular, but Asian investment could still be a good bet. Issues such as intellectual property protection and the US-China trade wars could dissuade some companies from investing in Asia in general, and China in particular, but there is still plenty of interest in the region. In China, Beijing is tightening its grip on its thriving tech industry, forcing companies such as Alipay to hol

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Even with Covid, Vietnam's Economy is Clear Winner of 2021 Recovery

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 9, 2021
3 min

Even with Covid, Vietnam's Economy is Clear Winner of 2021 Recovery

In the ongoing disruption of the global economy, Vietnam is emerging as a clear winner. Its economy is expected to grow by 4.8% of GDP in 2021, according to the World Bank. To be sure, the Covid-19 pandemic has hit Vietnam this summer, after the country was largely successful at curtailing the virus in 2020. That will hurt the country’s second half of 2021, but long-term trends still support Vietnam establishing itself as a major economic power. Crucial to its rise are powerf

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China's Supply Chain Shift - August Official China Trade Data

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 9, 2021
3 min

China's Supply Chain Shift - August Official China Trade Data

TDM Insight: China Trade Statistics Show Supply Chain Disruption. By John W. Miller, Chief Economic Analyst - Trade Data Monitor The global economy is getting back to normal, but supply chains are not exactly returning to where they were before the Covid-19 pandemic. Consider this: In August, Chinese shipments of textiles fell 14.8% year-on-year, off a low base in 2020, to $12.5 billion, and exports of mobile phones declined 24.4% to $7.4 billion. However, sales of motor vehi

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The World’s Fastest Growing Brands in 2021

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 2, 2021
1 min

The World’s Fastest Growing Brands in 2021

Fascinating to see how many of the brands are based in Asia or grew due to Asian markets The Briefing The fastest growing brand on the list is Tesla, which isn’t surprising—the company’s stock increased by almost 700% in 2020. What happened for Tesla last year to warrant such a boost? The company entered the SUV market with its launch of the Model Y, and started production in China, which increased sales in the country by 90% in the first 9 months of 2020. TikTok, which ranks

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