Established in 2011 by ASEAN+3 Finance Ministers, the ASEAN+3 Macroeconomic Research Office (AMRO) is an international organization that aims to contribute to the macroeconomic and financial resilience and stability in the ASEAN+3 region.
China’s manufacturing landscape is undergoing a major transformation, driven by rising wages, more stringent environmental regulations, a wider adoption of digital technology and opportunities in overseas markets.
Continue ReadingChinese Companies Are On the Move – Inland and to Southeast Asia
Asian supply chains are evolving from a focus on efficiency to an emphasis on balancing efficiency and resilience. Simultaneously, there is an ongoing push to “green” supply chains as part of a global effort to fight climate change.
Continue ReadingAttaining Resilient, Agile, and Green Supply Chains: The Asian Renaissance?
In the wake of the U.S.-China trade conflict and the COVID-19 pandemic, there has been a notable shift in rhetoric toward supply chain independence and security, consequently challenging China’s position as the leading global exporter. Across ASEAN, Vietnam appears to have benefited the most from the rearrangement of global export markets.
Hong Kong’s role in connecting mainland China with the rest of the world has evolved over time. The city has expanded from a key entrepot for trade and investment in the 1990s to becoming an important hub for financial intermediation and mainland capital account opening, earning it the title of super-connector.
Continue ReadingAs China Reopens to the World, Hong Kong Must Lean into Super-Connector Role
When China began plugging into global production networks and cross-border trade more intensely in the early 2000s, few might have foreseen it becoming one of the most important hubs for many high-tech global value chains (GVCs) by the late 2010s.
Continue ReadingRegional Integration Key to China’s Role in High-Tech Value Chains