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R&D Tracker: China’s Rise in Academic R&D and Western Countries’ Rise in Concern
For the past two decades, China’s spending on research and development (R&D) has grown significantly, reaching a record high in 2019. A reflection of the strategic shift in its economy, China now spends more on …
Beijing Pushes Back on Biden’s Planned Investment Ban as Investors Balk
The Takeaway The Biden administration’s announcement of a … In late September, the Beijing-linked China Council for the Promotion of International Trade formally asked the … banning American investments in “sensitive technologies and products” in “countries of concern” — namely, the …
South Korea’s New Security Strategy Cements Strong Canada Ties
The Takeaway South Korea’s National Security Strategy (NSS), … strategic partners, including Canada, in security, trade, and new technologies, such as artificial intelligence (AI) … electric vehicles. This framework provides an opportunity for Canada to play a larger role in global security and …
Mongolia’s Challenges in Returning Nationals Stranded Abroad During COVID-19
country of a little over three million people, took early and intensive preventative measures against the COVID-19 outbreak. The country’s approach to repatriation … it had only 40 recorded cases (all imported cases), or one for about every 80,000 residents. After closing its borders …
The Impact of COVID-19 on Remittance-Dependent Economies
Remittances are crucial for many developing countries, especially in the Asia Pacific region – and even more so for Pacific Island countries – as most of …
Financial Action Task Force Blacklists Myanmar Over Money Laundering, Terrorist Financing
The Takeaway The Financial Action Task Force (FATF) has placed Myanmar on its blacklist of jurisdictions for failing to implement its action plan to address its strategic deficiencies in combatting money laundering and terrorist financing. FATF urges its members to practise …
DEPA: The World's First Digital-Only Trade Agreement
In June 2020, Chile, New Zealand, and Singapore struck up the Digital Economic Partnership … are ongoing. Joining DEPA could have significant impacts for Canadian exporters as the digital economy becomes more …
Worry Over COVID-related ‘Fire Sales’ Sparks Heightened Protectionist Measures in the Asia Pacific
For the past few years countries around the world have been enacting additional measures to review … activities abroad of foreign state-owned enterprises and the sensitivity of the role played by cutting-edge …
China Bets on Digital Currency as the Next Fintech Revolution
Of all the latest buzzwords in the financial technology (fintech) and banking fields, ‘digital currency’ represents one of the … and to back it with reserves, enhancing financial security for users and also ensuring the central bank’s control over …
Australia Diverts Support to its Agriculture and Fisheries Sector to Offset COVID-19 Impacts
Around the world, national responses to the COVID-19 pandemic have … fiscal policy measures to support their health systems and their economies. Governments are ensuring households, … to key international markets. Meanwhile, all levies for 2020 for Australian fishers have been waived, which will …