The Middle East Pivot to Asia 2023 report presents Asia House’s latest research on trade and investment trends between the Gulf and Asia. 

Produced by the Asia House Research and Advisory team and sponsored by HSBC, the report aims to help business leaders and policymakers better understand this pivotal shift in global trade, which will have far-reaching economic and geopolitical implications.

Following the release of new draft regulations on data transfer by the Cyberspace Administration of China, Zhouchen Mao, Head of Research and Advisor, takes stock of the new rules and implications. 

The race is on: Southeast Asia’s largest economy is going to polls this February. With current Indonesian President Joko Widodo constitutionally barred from running a third term, businesses are closely watching the presidential race for insights into the country’s future economic trajectory. 

Key issues on the radar include the candidates’ approach to infrastructure projects and investment incentives. Additionally, the candidates’ stances on foreign policy and strategies for energy transition are of paramount interest to both domestic and international business communities. 

The renminbi’s (RMB) share of global trade finance is likely to continue to grow, notwithstanding the uncertainties in China’s growth outlook. Previous Asia House research highlighted macroeconomic and digital tipping points that could drive RMB internationalisation particularly in trade finance. The RMB share of global trade finance has now overtaken the euro’s share. RMB now accounts for nearly 6 per cent of trade settlement, a near-tripling from September 2020. It has now overtaken the euro share of 5.3 per cent.

ASEAN and the GCC have formally met at the highest level for the first time in a move which underlines the growth in regionalism within the global economy, but also the growing desire among middle income countries to diversify economic relations, particularly to reduce dependency on Western markets.

  This year’s Third Plenum will carry historical significance given the structural economic slowdown, geopolitical tensions and an increasing emphasis on security

Asia House Fellow Aarthi Raghavan conducted an in-depth research and analysis on the impact of cross-border sharing of health data on health innovations in five major Asian economies of China, India, Indonesia, Malaysia and Singapore. In the process, Aarthi has also identified both the key barriers and opportunities in each country studied. 

As the China Certified Emission Reduction (CCER) scheme, the country’s voluntary carbon market, moves closer to relaunch, Zhouchen Mao, Head of Research and Advisory, offers a closer analysis of the scheme and key proposed amendments outlined by the Ministry of Ecology and Environment. 

  Asia House’s Celine Madaghjian discusses ESG reporting guidelines across the Gulf, examining their progress and the challenges that remain ahead of

  Following the conclusion of 43rd ASEAN Summit, Zhouchen Mao, Head of Research and Advisory at Asia House, highlights the key Summit

        Zhouchen Mao and Matilda Buchan from Asia House Research analyse the state of economic relations between China and

Ahead of the 43rd ASEAN Summit in Jakarta, Joanna Octavia, Head of Programming at Asia House, identifies the critical issues at stake and analyses the likely areas of consensus and divergence among the Member States.

Amid ongoing challenges in China’s property sector, Zhouchen Mao, Head of Research and Advisory at Asia House, highlights key developments in regional policies designed to boost this section of the economy and examines the national implications.

Following the recent European Economic Security Strategy whitepaper, Zhouchen Mao, Head of Research and Advisory at Asia House, identifies key trends in the EU-China relationship and analyses the key role of trade relations between the two economies.

Asia House’s Celine Madaghjian analyses the latest green energy and finance projects across the GCC ahead of COP28.  

Zhouchen Mao, Head of Research and Advisory at Asia House, shares his analysis of the latest thinking on key aspects of economic management within the Chinese government.