Asia: What's Coming in 2024

Geopolitics still dominates the risk and operations landscape, leading to a variety of unexpected and difficult consequences for companies in the region.

Daily Risk and Operations Intelligence for Asia

US-China trade war escalates, posing opportunity and risk for Vietnam

Vietnam Net - E | English | News | May 24, 2024 | Geopolitical Conflict and Disputes

The US-China trade war escalates as the US considers recognizing Vietnam as a market economy. Additional taxes are imposed on Chinese goods, impacting $18 billion of exports to the US. Vietnam has potential to attract international investment as production bases relocate out of China. If Vietnam is recognized as a market economy, tariffs will be reduced, boosting exports to the US. Chinese corporations are increasing investments in Vietnam, particularly in the solar panel market.

New Developments

South Korea
Government Actions | May 24, 2024

Upcoming South Korea, China, Japan summit

Indirect Indicator | May 24, 2024

Bank of Korea's interest rate decision

Indirect Indicator | May 24, 2024

AI regulations in Japan

Indirect Indicator | May 24, 2024

Norinchukin Bank posts a deficit

Government Statement | May 24, 2024

U.S. Narrative on China's New Energy Overcapacity

Indirect Indicator | May 24, 2024

China's Countermeasures Against U.S Defense Industry

Indirect Indicator | May 24, 2024

Unemployment rate in April

Government Actions | May 24, 2024

Chinese 'Punishment Drills' Around Taiwan

Indirect Indicator | May 22, 2024

Delhi excise policy case involving Manish Sisodia

Indirect Indicator | May 21, 2024

Death of Iran's President Ebrahim Raisi in helicopter crash

Indirect Indicator | May 17, 2024

Electricity shortages and supply issues in Vietnam

Government Actions | May 16, 2024

US Tariffs on Chinese goods