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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum Author: Andrea Willige, Senior Writer, Forum Agenda Global trade is set to increase by more than two-fold this year, driven by low inflation and a booming US economy. That’s according to the three major international economic organizations – the […]
After five years China’s President Xi Jinping seized the momentum for a European tour, amidst tough trade tensions with the EU and a turbulent global scence. Why now? First, a major anti-subsidy EU probe against Chinese electric cars is being cooked by Brussels in the coming weeks or so. Actually, the deadline for the EU […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sha Song, Partnership Specialist, China Climate Action, World Economic Forum According to the most recent IPCC report, we have hit a global record for greenhouse gas emissions (GHG) by pumping out 57.4 gigatonnes of carbon dioxide equivalent into […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Forum Agenda US Secretary of State Antony Blinken and European Commission Executive VP Valdis Dombrovskis were among the US and EU Trade and Technology Council (TTC) officials who gathered in Belgium for a two-day summit […]
It looks like 2024 is set to be a year of EU probes and tariffs against Chinese companies. In February, the EU in its 13th package of sanctions against Russia included a few Chinese firms with the allegation they help Russia in its war with Ukraine. Last month, the EU announced that it has found […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alejo Czerwonko. Chief Investment Officer, Emerging Markets, Americas, UBS AG The global geopolitical map is experiencing its deepest reconfiguration in decades. Global trade is being rerouted, supply chains are being redesigned and new security alliances are being forged. All […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Forum Agenda Four countries in Europe have signed a landmark free trade deal with India. Iceland, Liechtenstein, Norway, and Switzerland have made the deal through their regional trade organization, the European Free Trade Association (EFTA). The […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laura GerlIntern, Platform for Shaping the Future of Mobility, World Economic Forum 1. EU to end competition exemptions for shipping lines The shipping industry is due to lose its exemption from EU competition laws, in a move that […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andrea Willige, Senior Writer, Forum Agenda The European Union’s new Digital Markets Act (DMA) aims to regulate the power of big tech companies like Google, Facebook and Amazon, with significant fines for non-compliance.The DMA sets obligations for these […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Aba Schubert, Co-Founder and Chief Executive Officer, Dorae / Steel is a key ingredient in our modern world and, used in everything from buildings to bicycles, it is very CO2 intensive.The biggest leap in greening the steel industry […]
What is striking is that the US and EU don’t seem aligned at this point in time. Blinken’s recent visit in Beijing went super well creating fertile ground for catching up US-China relations and making them stronger, with both sides leaving ample space for betterment and restoration of the fragile ties of the world’s biggest […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Sean Doherty, Head, International Trade and Investment; Member of the Executive Committee, World Economic Forum 1. G7 looks to ‘de-risk’ China links by diversifying supply chains G7 countries will look to diversify their supply chains away from China as […]
Hiroshima, the historical place that the US utterly destroyed with atomic bombs some 80 years ago, is the same place whereby last weekend the 6 members of G7, including the once bombarded Japan, gathered to parrot loudly US messages on the world. Ironic? Realistic, it is how the way history works in circles, always amusing […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Ian Shine, Senior Writer, Forum Agenda 1. US edging closer to default amid debt ceiling deadlock Political deadlock over raising the United States’ $31.4 trillion debt ceiling is threatening to push the country into an unprecedented default by as […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda Paul Donovan, Chief Economist at UBS Global Wealth Management; Gregory Daco, Chief Economist at EY-Parthenon; Sandra Phlippen, Chief Economist at ABN AMRO; and Svenja Gudell, Chief Economist at Indeed Inc, joined John Defterios, a […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kimberley Botwright, Head, Sustainable Trade, World Economic Forum 1. Global trade growth to slow this year, WTO says, but trade is getting greener World merchandise trade volumes will rise by a “subpar” 1.7% in 2023, with transactions “weighed down […]
Last week the trilateral meeting in Beijing between China’s President Xi, French President Macron and the President of the European Commission Von der Leyen was a much anticipated and needed sign of renaissance in the relations of the EU and China, two of the world’s largest economies. It is positive to see that finally sanity […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Forum Agenda Three years after leaving the European Union, the United Kingdom has negotiated a trade pact with a band of Indo-Pacific countries. The UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership […]
Here we go again, Ursula von der Leyen, EU’s unelected by the people chief is packing her suitcase for Washington this week to be told by the 81 year old US President Biden how to do her job; at least the latter was elected. This time the US spreads rumours about “intelligence” that China is […]
That the EU-China relations have been facing challenges is not news. Lately we have been witnessing a change of course in the EU’s stance towards its biggest trade partner. Just a couple of years ago the EU started this turmoil by calling China “systemic rival” while the European Parliament froze the Comprehensive Investment Agreement (CAI). […]
While the entire world is shocked by the “abrupt” end of peace and prosperity in Europe which was signaled by the recent war in Ukraine, it is interesting to also observe opportunistic campaigns from the West which might further hinder stability in our world. Although sanctions are a powerful diplomacy tool and the EU and […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Christoph Wolff, Lecturer, University of Cologne, Oliver Martin, Partner, Oaktree and Jiten Vyakarnam, Platform Curator, Supply Chain & Transport Industries, World Economic Forum Recent disruptions to transport and its affect on supply chains has brought renewed attention to […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mark McCord, Writer, Formative Content At its worst, the pandemic reduced flights in Europe by 91%, and movements are still down a third compared to August 2019. Airlines have been helped by vaccination rates in the region that […]
This article was published first at The European Sting and was written by the Ambassador Extraordinary and Plenipotentiary and Head of Mission of the People’s Republic of China to the European Union, His Excellency Mr. Zhang Ming. The opinions expressed in this article belong to our distinguished writer. The rapid spread of Delta variant around the world […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gilles Thiebaut, Senior Vice-President and Managing Director, Northern Western Europe, Hewlett Packard Enterprise Connected devices and sensors in infrastructure, vehicles, and manufacturing plants are all generating data. A decentralized cloud system could unlock the value of this data. […]
This article was exclusively written for The European Sting by Ms. Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The opinions expressed in this article belong to our distinguished writers. Tomorrow marks the entry into force of a new international agreement promoting […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jean-Marc Ollagnier, CEO, Accenture in Europe Companies need to weave digital transformation and sustainability into their DNA in order to survive. There is an urgency for European companies to step up their efforts to recover from COVID-19. Digital […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Doherty, Head, International Trade and Investment, World Economic Forum & Kimberley Botwright, Community Lead, Global Trade and Investment SI, World Economic Forum The new director-general at the WTO will have a raft of challenges on their desk […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Pavitra Raja, Community Specialist, Social Entrepreneurs – Europe and the Americas, World Economic Forum Visibility and data-sharing are critical for 21st century supply chain and logistics management. Trading restrictions caused by COVID-19 create opportunities for start-ups. 3D-printing, robotics […]
This article is brought to you in association with the European Commission. The cumulative EU foreign direct investment (FDI) flows from the EU to China over the last 20 years have reached more than €140 billion. For Chinese FDI into the EU the figure is almost €120 billion. EU FDI in China remains relatively modest with […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Cooper, Chief Executive, Corporate, Commercial and Institutional Banking, Standard Chartered Bank The advantages China offers will not become available closer to home and the costs of reshoring are high and often prohibitive. Opportunities for global trade will […]
Last Monday, the very important China-EU Leaders’ Meeting took place through videoconference due to the COVID-19 pandemic, between China’s President Xi, the President of the EU Council Michel and the President of the European Commission Ursula von der Leyen. There is no doubt that after the wide criticism regarding the EU’s mistakes during June’s China-EU […]
Yesterday was the day that the much anticipated 22nd China-EU Summit took place. As this year marks the 45th anniversary of diplomatic relations between China and the EU, the EU-China Summit had been initially scheduled to take place earlier in March but was postponed due to the coronavirus pandemic. Yesterday, the Summit took place through […]
