BUSINESS
The resilience of China’s supply chain dominance
The IPEF does not offer a free trade agreement. It does not dangle the prospect of lower customs tariffs, either. In contrast, the China-dominated Regional Comprehensive Economic Partnership (RCEP) and even older agreements like the Association of Southeast Asian Nations (ASEAN) FTAs, do offer tariff incentives
BUSINESS
The paradox of the Russia sanctions
The sanctions were intended to hurt Russia, but it is the world’s developing nations that have been the worst hit
