The role of trade in the global economy is at a critical juncture, says a joint report from the IMF, World Bank and WTO, published on 10 April. Increased trade integration helped to drive economic growth in advanced and developing economies in the latter part of the 20th century. At the same time, it left many... View Article

China deployed 150,000 troops to the North Korean border on Tuesday in anticipation of a US strike against the Pyongyang regime, according to Chinese social media reported in the British press. Medical supplies and equipment are being deployed to deal with the refugees fleeing across the border in the event of a war on the... View Article

Chinese President Xi Jinping’s vision of a new Silk Road took a step closer to reality today as the first freight train chugged off down the tracks from London laden with goods for China. Packed with drinks, vitamins, medicines and baby products, the train departed Monday from Barking in London, for a 7,500 mile, three-week journey... View Article

With continued reforms and firming recovery of major industrial economies, Myanmar’s economic growth is expected to grow again after a slowdown last year, says the Asian Development Bank (ADB) in its Asian Development Outlook. With stronger global commodity prices and demand from trading partners, Myanmar’s economy is likely to recover in 2017 at around 7.7... View Article

On 1 April, the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB) signed a MoU in New Delhi, India, during the Second Annual Meeting of the NDB. The MoU provides a comprehensive framework to deepen and strengthen cooperation in areas of mutual interest, such as infrastructure and sustainable development. The MoU will... View Article

Trump’s missile attack on the Syrian airbase near Homs on Friday was met with fears that the US might now raise tensions over North Korea. Singapore’s Strait Times reports that the event marks the return of strong foreign policy to the US, where Trump had campaigned to avoid embroiling the country in overseas conflicts. The Economic Times... View Article

Ahead of the first Xi-Trump meeting there was a lot of noise surrounding the future of US-China trade relations. Fears of a destructive trade war however were diminished as the commotion seems to have fallen silent. Rising tensions fueled by Trump’s campaign rhetoric against China suggested the meeting would be one of his priorities in his... View Article

In its annual flagship publication Asian Development Outlook, the Asian Development Bank said that Indonesia’s economy will continue to grow in 2017 and 2018, underpinned by improvements in private investment and exports as well as higher public infrastructure spending. The report projects Indonesia’s GDP growth to reach 5.1 per cent in 2017 and 5.2 per... View Article

In an interview with The Diplomat, Joachim von Amsberg, Vice President of the Asian Infrastructure Investment Bank (AIIB), discussed how the AIIB plans to boost regional prosperity through infrastructure investments and improving cross-border connectivity. China’s experience of infrastructure-driven economic development provides important lessons for developing countries in Asia. The private sector is crucial for infrastructure... View Article

In its latest Asian Development Outlook, published this month, the Asian Development Bank (ADB) said the group of emerging economies in Asia will be the main driver of global growth over the next two years. Asia-Pacific may ease slightly in 2017 and 2018 but the region will remain the single largest contributor to global expansion,... View Article