John Deighton

Jul 30, 2024 | eastasiaforum.org | Kati Suominen |John Deighton |Leora Kornfeld |Ashima Goyal

Trade costs have fallen globally in the past 200 years on the back of reductions in tariffs and non-tariff barriers, trade facilitation initiatives and lower transport and communications costs. This has facilitated the rise of regional and global supply chains that have enabled companies, even in poorer East Asian countries, tosupply large multinationals, increase sales and drive economic growth and development.

Jul 29, 2024 | eastasiaforum.org | Alicia Garcia-Herrero |Shiro Armstrong |Rahul Jaybhay |John Deighton

Chinese President Xi Jinping’s European tour, his first in five years, was a true reality check for Europeans. Not only did Xi take his time to visit the continent, but his choice of destinations — Serbia, Hungary and France — was telling. French President Emmanuel Macron was an important target for Xi due to his recent harsher stance on Russia’s war in Ukraine and strong support for the European Union’s economic security strategy, which aims to reduce dependence on China.

Jul 28, 2024 | eastasiaforum.org | Shiro Armstrong |Rahul Jaybhay |John Deighton |Leora Kornfeld

The weaponisation of trade by the major powers, the return of geopolitics and a much more uncertain international environment has brought economic security policies into fashion, mostly in advanced economies. High trade shares are now seen as a source of vulnerability and many countries are trying to diversify away from their fundamental comparative advantage and economies of scale in international markets in the name of economic security.

Jul 28, 2024 | eastasiaforum.org | Shiro Armstrong |Rahul Jaybhay |John Deighton |Leora Kornfeld

Australia has announced a strategy for economic resilience and security. The Treasurer and Treasury Secretary have articulated a new National Interest Framework that is designed to help guide policy development and check the drift that has seen national security considerations increasingly dominate economic policies without constraint or clear logic.

Jul 27, 2024 | channelnewsasia.com | John Deighton |Leora Kornfeld

BOSTON, Massachusetts: If Amazon is worried about competition from China, it only has itself to blame. In 2013, Amazon introduced its third-party marketplace platform to Chinese manufacturers. Unwittingly, it showed them what it takes to challenge Amazon itself. As China’s economy grew after its opening in the late 1970s, so did its production capacity. But the United States saw no threat because there were periodic episodes of concern for the safety of Chinese-made products.