Commentary China’s economy is unraveling because its economic strategies are failing. Such is the way with communists. Beijing’s primary economic strategy is to revive international trade and investment ties with the West, especially Europe. The Chinese Communist Party (CCP) sees Brussels as more compliant than Washington, which is true though even the European Commission last…
ANALYSIS: India Embraces Opportunity as Multinational Companies Shift Production out of China
India, with the world’s largest population and a huge market, is benefiting from the global trend of “derisking” from China. Market research firm IMA India released its “2023 Global Operations Benchmarking Survey” in May, which surveyed 100 business leaders representing international B2B (business to business) companies in India. It showed that 88 percent of CEOs preferred…
G-7’s ‘De-Risk, Not Decouple’ Approach to China Is Three Pronged: Experts
A communiqué issued at the Group of Seven (G-7) summit in Hiroshima, Japan, says G-7 members are seeking to “de-risk” rather than “decouple” from China on economic issues. China experts say the statement encompasses a three-pronged approach that will make it difficult for China to upgrade its industries. Following the summit, China called on the…
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