Category: Latest Asia-Pacific Insights & Trends
The Asia-Pacific Circle publishes timely Asia-Pacific Insights and APAC Thought Leadership, in good business intelligence. We follow and analyze past and present trends in the global political economy to produce regionally relevant Asia-Pacific insights and thought leadership. We then publish mind-challenging analyses and opinions, taking a multidisciplinary political, financial, legal, philosophical but always business-oriented approach.
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Are you looking for a big picture approach to APAC developments? From Financial Markets to trade diplomacy and geopolitics, The Asia-Pacific Circle connects the APAC dots in good business intelligence. [Read all our Insights below].
Looking for hints and tips about business trends? Our Asia-Pacific Business Insights closely look at Business developments in the APAC region. From regional investments to blockchain developments and China’s digital economy, our expert contributors connect the dots. [Read our Asia-Pacific Business Insights].
Financial Markets are predominant nowadays, hence our Asia-Pacific Insights closely look at financial developments in the APAC region. From financial regulation to Fintech policy and cryptocurrencies, the Circle’s Financial Market Insights connect the dots. [Read our Asia-Pacific Financial Markets Insights].
Pro-business policies or interventionism? Free trade or protectionism? What is the impact of China – US relations on global and APAC trade and business? Globalization is at risk, but trade diplomacy is an important aspect of Asia-Pacific relations. Our APAC Trade Diplomacy insights also connect the dots! [Read our Asia-Pacific Trade Insights].
Read our latest Asia-Pacific Insights & APAC Trends:
In this Asia-Pacific Business Insight, Gilbert Réveillon explores the idea that new technologies have the power to impact us in ways we have not yet considered... especially as far as China is concerned. As of today, China is at the forefront. China invests heavily in supporting the development of Blockchain and quantum computing know-how, and in the field, the Chinese BATXHJs (Baidu, Alibaba, Tencent, Xiaomi, Huawei, JD) are already competing with the American GAFAs (Google s, Apple, Facebook, Amazon) when it comes to technological domination… fighting for supremacy. The question, in other words, is not to figure out whether China is making progress. It is to determine ...
In this Asia-Pacific Insight, Christophe Granier analyses the rapid development of China's maritime economy - China's maritimization - both in terms of size and in diversity. He notes that China's maritimization is moving in (at least) three ways. One is the country's complex but powerful fisheries industry. Another relates to maritime farming and the major investments in technological development China is putting in place to acquire leadership on the matter. The third relates to China's efforts towards developing a non-fisheries-related maritime industry. Overall, Granier concludes, China's maritime industry has a promising future.
Asia-Pacific Insights: Japan - EU relations | The EU-Japan Economic Partnership Agreement (JEEPA) represents an important opportunity from a business and trade leadership perspective. On the business side of things, Japan and the European Union are historical trading partners. Hence, the Economic Partnership Agreement represents a significant opportunity for both countries to keep progressing... together. On the trade diplomacy perspective, the JEEPA also sends an important leadership signal. Global free trade dynamics have been altered and sided away since late 2016 and the arrival to power of President Trump. The withdrawal of the United States from the TPP agreement, indeed, had slowed the trade dynamics globally. With the JEEPA, however
Japan - Europe free trade insights: The Japan EU free trade agreement (JEEPA) is a fairly comprehensive agreement which answers the most pressing issues in international trade and investment regulation. From a facilitation perspective, the agreement contains the typical provisions on the market. Note, for instance, that the scope of application is very broad and tends to prohibit "any duty or charge of any kind". Otherwise, the agreement facilitates trade in services, trade in financial services, investment and e-commerce whilst ensuring fair competition and intellectual property rights preservation. At the same time, the agreement does not only open free trade, it also preserves some regulatory room to Japan and the …
In this Insight, business strategy adviser Philippe Bonnet explores the idea that Eurasia is shifting from an underutilized geographic notion into something much bigger. Looking at recent and forthcoming developments in the Asia-Pacific, he suggests that the Europe - China relationship needs to be significantly reconsidered, together with the way Westerners think about doing business with Asia (and China). The business equation is very different from one side of the continent to the other. In Europe, business with Asia is about threat mitigation. In Asia, in contrast, business is a matter of investment. As a result, a significant change in mindset is needed for business to become a win-win matter.
Asia-Pacific Trade Insights: Expert Soo-Hyun Lee (Asan Institute, Seoul) comments on the impact of the expiration of the South Korean Corporate Restructuring Promotion Act. While the act has helped major companies restructure in times of economic duress for the past twenty years, it has expired in late June 2018, thus leaving South Korea's giants without a much-needed support. Asking what ought to be the Korean Government’s economic role (i.e. letting things happen or supporting businesses in difficult times), Soo-Hyun Lee writes that Seoul cannot let go of the Act. Keep reading for more.
Asia-Pacific Financial Markets Insights: Antoine Martin analyses the recent release of the Hong Kong Monetary Authority's (HKMA) Revised Guideline on Authorization of Virtual Banks. Hong Kong is one of the world's leading financial places, yet the city's banking offer is limited for many. This move by the HKMA creates a significant new potential from a financial services perspective, but there is more. The Revised Virtual Banks Guideline has several objectives. First, opening access to financial services to non-banks. Second, solving a market deficiency which so far has left many citizens un-banked. Third, pushing Hong Kong's Fintech policy a little further. Keep reading for more.
Asia-Pacific Insight: Soo-Hyun Lee (Asan Institute, Seoul) discusses the recent interventionist policies of the governments of South Korea and Japan. From banks to shipyards and technology industries, Japan and Korea have stepped into the business realm at multiple occasions in the name of the public interest. Yet, questions remain as to what are the consequences of these policies on the two countries' domestic investment climates. From an international legal point of view, Lee concludes, the legitimacy of a government intervention ultimately depends on procedural fairness. South Korea and Japan need to proceed with care: without procedural fairness, public interventions can easily shift matters of public interest into bad business and investment climates.
US - China Trade Insights: Antoine Martin and Professor Bryan Mercurio (The Chinese University of Hong Kong) discuss China - United States relations in light of recent trade developments. With the announcement of new tariffs against Chinese steel and Aluminum, President Trump has forced President Xi to react. This analysis of the'trade war' developments leads to the conclusion that the political game is changing. On the one hand, the U.S. is turning nationalistic and protectionist, even if it harms itself in the process. On the other, China is reversing the usual rhetoric and positioning itself as the god international citizen who plays by the rules. Keep reading for more.
Crypto analysis: Antoine Martin comments on recent regional cryptocurrency developments and asks why governments seem so keen on developing their own sovereign digital currencies lately
Crypto Trends: Asia-Pacific Insights: Antoine Martin comments on recent moves against Bitcoins, Initial Coin Offerings (ICOs) and crypto exchanges by China's financial authorities
Hong Kong Fintechs: Over the summer, in May 2017, the Hong Kong Financial Services Development Council (FSDC) released a long and precise report titled ‘The Future of Fintech in Hong Kong’. This report has mainly been criticized for emphasizing the weaknesses of Hong Kong in relation to the Fintech industry
Financial Markets: Antoine Martin comments on the introduction of Chinese companies into MSCI's Emerging Markets Index after three consecutive years of rejection
Trade Research: Protectionism has become a trendy word recently and appears to be on the rise in various parts of the world. Starting with the United States. In reality, complex negotiations have eroded trade leadership at the WTO level and the trade policy dynamics in Washington and Brussels seem significantly compromised
China Financial Market: Pascal Charlot and Antoine Martin analyze recent developments on the Hong Kong - China Bond Connect and explain their financial relevance
Asia-Pacific Insights; Protectionism, elections, territorial stakes, foreign policy has become an increasingly relevant theme lately. In 2017, in fact, the global political economy as we know it will change. Foreign policies will be altered
China - US Relations: Antoine Martin analyzes Mr Trump's TPP and Trade policy, arguing that the 'America Great Again' idea will sooner than later give China a significant leadership role
We are living in troubled times. The British are paving their way out of the EU (trying, anyway), the major agreements which were once expected to foster growth between the United States, Europe, the Asia Pacific or Canada are seriously compromised. Trade has shifted from policy goal to political incorrectness. Let's face it
Globalization has become a major topic over the last decades and years. The issue is broad, ranging from policymaking to legal and financial, not to forget politics and politicisation.
US - China Relations: Antoine Martin comments on the Agreement reached by the United States and China on China's steel overcapacity, and says that little change is to be expected
Argentina recently made the headlines because its recent move towards settling its severe debt-repayment crisis has given it a long-lost and most welcome access to international capital markets. But what does it mean in terms of business environment
Middle-East countries – particularly the GCC (Gulf Cooperation Council countries including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) – have long made the headlines for dominating the world’s oil & gas markets. But the political economy of the region is shifting because of various factors
Monetary Policy: Antoine Martin comments on recent monetary talks involving IMF Director Christine Lagarde and Central Bank Governor Kuroda regarding capital controls in China
Asia-Pacific Trade Insights: Antoine Martin comments on recent regional developments pertaining to trade negotiations in a tense APEC, TPP and FTAAP context
There are many comments at the moment on whether China has a 'market economy status' or a 'non-market economy status'. Discussing whether China is a market economy may seem odd when taking a public debate perspective because, obviously, the country and its powerful economic policies leave no real doubt as to how
Two years after Bali, the 10th WTO Ministerial Conference is taking place in Nairobi from December 15th to December 18th. Yet, the Conference’s Goals are not seen as ambitious and, despite the long known failure of the Doha Round negotiations, some of its remains seem to persist. For better or worse
Part of the political economy challenges ahead is the evolution of trade liberalization negotiations in the Asia-Pacific region. In a comment dated June 2014, Jayant Menon (Lead Economist at the Asian Development Bank’s Office of Regional Economic Integration) actually presented a rather interesting snapshot of Asia-Pacific trade negotiations