Three years on, the Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement by GDP, has become a testament to the power of economic integration, proving that cooperation, not isolation, leads to shared prosperity. The mega-trade pact, which covers about 2.3 ...
This year marks the 10th anniversary of the Belt and Road Initiative (BRI) and the 45th anniversary of China's reform and opening up. The BRI represents high-quality opening up in tandem with high-quality development. In just a decade, more than 150 countries and 30 international organization...
the world's fourth-largest automotive group, and Contemporary Amperex Technology, a leading innovator in new energy technologies from China, have recently signed a Memorandum of Understanding, which covers the local provision of lithium iron phosphate battery cells and modules to support EV production...
Both sides gain: China is the largest contributor — of about one-third — to the global economic growth. While the EU's GDP is forecast to grow by 1.2 percent in 2024, China's GDP is set to increase by around 5 percent. For many EU companies...
GDP ($10.1tn in 2022)1 36% of Asia-Pacific goods Trade ($6.1tn in 2022)2 18% of FDI into Asia-Pacific ($112bn in 2021)3 Number of millionaires to increase by 55% by 2026 and reach 9.8m4 c.950m population1 6 markets with median age below 325 4 of top 10 global lar...
The B20 Human Capital Policy Recommendations to the G20 “In addition to relevant government officials in the G20, whose members are our planet’s top 19 countries by GDP and the EU, anyone interested to learn are welcomed to read about the B20 Priorities and Policy Recommendations to the G...
What is GDP? What is it supposed to measure and how it is calculated? What is the largest component of GDP? Given your answer, how do you think this component can be stimulated? If you were evaluating GDP levels of various...
Asia’s economic growth, particularly in China and India, has been fueled by this surging demand for goods and services. In fact, the continent now has the highest share of world GDP (36%), eclipsing second-largest North America (31%) by five percentage points. At the same time, many ...
A global depositary receipt (GDR)is a negotiable financial instrument issued by a depositary bank. It represents shares in a foreign company and trades on the local stock exchanges in investors' countries. GDRs make it possible for a company (the issuer) to access investors in capital markets ...
Thailand is an important economic player in the region, having the second largest economy in Southeast Asia, and accounted for almost 50% of the GDP in the Greater Mekong Sub-region (GMS) [12]. Vietnam is a Southeast Asian country and has experienced rapid economic growth in the last two...