China’s economic performance falls short of expectations August 3rd, 2023 Economic data released last week by the National Bureau of Statistics revealed that China’s economy experienced a noticeable loss of momentum in the second quarter. Although headline real GDP growth stands at a decent level of 6.3%, it was distorted by a low base effect stemming from lockdowns over the same period last year. Two-year average year-on-year growth, which effectively eliminates such effects, only reached 3.4%, down from 4.7% in the first quarter. The softening momentum is echoed in the slowdown of seasonally adjusted quarter-on-quarter growth, which reached just 0.8%. Insights from the Corporate Network ChinaEconomy
UAE foreign policy: A focus on Asia August 3rd, 2023 Shifting regional realities, an emphasis on pushing forward with developing the Emirati non‑oil economy and securing markets for its hydrocarbons exports, as well as the diminishing role of the UAE’s traditional main security guarantor, the US, are leading to a significant reshaping of the country’s foreign‑policy stance. Insights from the Corporate Network Middle East
Is 5% really that conservative? July 5th, 2023 When Premier Li Qiang announced this year’s economic growth target of about 5% at China’s annual policy making meeting back in March, the market consensus was way above that figure. However, is the 5% growth target really a conservative one? Insights from the Corporate Network ChinaEconomy
How will supply chains shift away from China? July 5th, 2023 Although global supply-chain stress has eased in Europe, Asia, and North America, tensions between China and the US as well as persistent anxieties over Taiwan nevertheless speak to an urgency for firms to diversify their operations and supply-chain footprint in Asia. Insights from the Corporate Network ChinaEconomySupply chains
Africa primed for innovation advantage over rest of the world June 6th, 2023 Q2 of 2023 has been tough for Africa, particularly South Africa. The rand is sinking towards R20/$ on continued headwinds around South Africa’s decision to grant immunity to certain heads of state (including Russian president Vladimir Putin) ahead of the upcoming BRICS summit, load shedding continues to disrupt lives and livelihoods and the weak economic outlook is negatively affecting business sentiment. Insights from the Corporate Network EconomySouth AfricaCorporate Network
Outcomes of the G7 summit and the future of Sino-Japanese relations June 6th, 2023 Outcomes of the G7 summit and the future of Sino-Japanese relations Insights from the Corporate Network ChinaEconomyPoliticsChinaCorporate Network
EICN Executive Insight Q2 2023 June 6th, 2023 EICN Executive Insight Q2 2023 Insights from the Corporate Network ChinaEconomyPoliticsChinaCorporate Network
Talent: Gen Z and the four-day workweek June 6th, 2023 Talent: Gen Z and the four-day workweek Insights from the Corporate Network EconomyMiddle EastMiddle East & AfricaCorporate Network
The limits of currency diplomacy May 3rd, 2023 Since the end of 2022, President Xi Jinping’s accelerated diplomatic efforts have led to high profile meetings with heads of state from Singapore, Malaysia, France, the European Commission, Spain and most recently, Brazil. Insights from the Corporate Network ChinaEconomyPoliticsCorporate Network