Via China Dialogue, commentary on Asia’s gas fueled future: Across Asia, there are plans for more than 285 gigawatts of new gas-fired power plants, an expansion that would nearly double the region’s gas power capacity, according to Global Energy Monitor. Southeast Asian countries are planning about half of the additional capacity in response to an expected […]
Read more »Courtesy of The Financial Times, an article on the small businesses from China which are scouring the globe for important strips of land: Three years ago, Xu Changyu made his first attempt to get his hands on an island in the South Pacific. The vice-president of China Sam Enterprise Group quietly negotiated a 75-year lease […]
Read more »Via Asia Times, a report on a US equity firm’s $300 million purchase of strategic shipyard could herald a restored US naval presence in its ex-colony: In a significant strategic purchase, US private equity firm Cerberus will buy the debt-ridden Hanjin Subic Shipyard in a former US navy base in the Philippines for US$300 million. The Subic […]
Read more »Via Emerging World, a look at Fitch’s 2022 Asia Pacific forecasts: We recently viewed the latest Asia Pacific forecast put out by Fitch. On a broad level, they see regional growth to slow, weighed down by China. In ‘21, Emerging Asia grew above 7%, but it hovers around 5.7% in the Fitch forecast for ‘22. But […]
Read more »Via The Diplomat, an article on a potential Chinese-funded railway that would link for U.S. bases in the Philippines: One of the most interesting things to come out of China’s Foreign Minister Wang Yi’s four-nation tour of Southeast Asia this weekend was the announcement that the Philippines and China have formally signed off on a deal to […]
Read more »Via the World Economic Forum, commentary on the top 10 emerging markets of the future: A new report from BMI Research has identified the “10 emerging markets of the future” — the countries that are set to become new drivers of economic growth over the next 10 years. BMI estimates that these countries will cumulatively […]
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