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Booming commercial ties between the European Union and China’s Xinjiang region have left Brussels facing quandary: how to be tough on alleged rights abuses while balancing precious economic interests. ....
The outbreak in 2020 disrupted both supply and demand sides of an interconnected world economy. Asia and the Pacific was not immune as lockdowns and travel and trade restrictions affected nearly all aspects of cross-border economic activity. The Asian Economic Integration Report 2021 looks at how regional economies individually or collectively respond to the crisis by, for example, leveraging rapid technological progress and digitalization as well as increasing services trade to reconnect and recover. The theme chapter focuses on digital platforms and how they can accelerate digital transformation across the region. Contents Trade and Global Value Chains: The Challenging Trade Environment and Changing Global Value Chain Landscape ....
Keen to accelerate investments, technology and capital flows from the EU, India wants the investment and trade deals to happen parallelly and independently. “Both the investment deal and trade deal will have to happen parallelly and independently,” said an official. ....
China-US ties have soured under the Donald Trump administration. But as well as challenges, there are also opportunities for the relationship under the incoming Joe Biden administration.
China is undertaking a range of measures to facilitate outbound investment Foreign direct investment (FDI) has long played a crucial role in driving the development of China’s economy. China continues to be one of the world s most attractive investment destinations, being the second largest FDI recipient for the past several years. It is estimated that in 2020, even against the backdrop of a challenging global economic environment, China hit a new record of more than $140 billion in FDI, up more than 6% on the year. The Chinese authorities have recently made a whole series of regulatory changes to support the continuation of this trend. ....