Tag - development

 
 

DEVELOPMENT

The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
A consumer market in New Delhi on Dec. 12, 2023. Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
BUSINESS / Economy
Jan 2, 2024
India is chasing China’s economy. Something is holding it back.
While money is flying into India’s stock markets, long-term investment from overseas has been declining.
Prime Minister Fumio Kishida and Kenyan President William Ruto arrive at a joint news conference in Nairobi in May.
JAPAN
Jan 2, 2024
Japan to boost ties with Africa, with eye on China
Japan's shift in approach mirrors Africa's importance as "a significant voting bloc" of 50-plus countries that Tokyo can look to for support in international conferences.
A pollution pod designed to mimic the air quality in New Delhi sits during the United Nations Climate Change Conference (COP28) in Dubai on Tuesday
ENVIRONMENT / Climate change
Dec 13, 2023
Without fairness, fossil fuel phase-out flounders at COP28
Developing countries emphasized that they could not embark on the journey toward renewables in the absence of clear guarantees of international support.
Japanese civil engineering group Infroneer said it would buy Japan Wind Development from Bain Capital for about $1.4 billion.
BUSINESS / Companies
Dec 12, 2023
Japan's Infroneer to buy Japan Wind Development from Bain Capital
The $1.4 billion acquisition will expand the Japanese civil engineering group's renewable energy business.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
A man talks on the phone during COP28 in Dubai on Monday.
BUSINESS
Dec 4, 2023
Japan, France back plan to boost climate lending with IMF reserves
Multilateral development banks say they can bolster climate finance in developing markets by leveraging the IMF's Special Drawing Rights.
U.S. Vice President Kamala Harris, speaks at a high-level segment at the COP28 climate conference in Dubai on Saturday.
WORLD / Politics
Dec 3, 2023
U.S. lays out plan at COP28 to slash methane emissions from oil and gas
The rules, two years in the making, were announced by U.S. officials at the United Nations COP28 climate change conference in Dubai.
A man walks past national flags of participating countries at the venue of the COP28 climate summit in Dubai on Thursday.
ENVIRONMENT / Climate change
Dec 1, 2023
Early pledges on 'loss and damage' fund build shaky trust at COP28
More pledges are expected to be made to the new fund during the two-week COP28.
Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. and president of COP28, speaks on the opening day of the U.N. climate conference in Dubai on Thursday.
ENVIRONMENT / Climate change
Dec 1, 2023
COP28 opens with 'historic' launch of loss and damage fund
More monetary pledges are expected in the coming days
Indian Prime Minister Narendra Modi greets leaders of the Group of 20 countries in New Delhi on Sept. 9.
COMMENTARY / World
Nov 30, 2023
India’s G20 presidency is marked by a dawn of new multilateralism
From empowerment to climate change action, India ends an impactful year as the G20 president.
A wind farm near near Golmud, Qinghai province, China
COMMENTARY / World
Nov 29, 2023
The promise of China’s sustainable-development path
As of this month, China has (since 2017) approved 572 “ecological civilization construction demonstration zones.”
India's exports represent about 40% of rice's global trade. New Delhi has banned or taxed rice and wheat exports to counter domestic food inflation.
COMMENTARY / World
Nov 14, 2023
India pushes the world toward another rice crisis
Spooked by volatile foodgrain prices ahead of a general election next year, India’s government has banned or taxed rice and wheat exports.
Shipping containers near the train station near the China–Laos border in Boten, Laos, on June 29. The Global Times, a newspaper backed by the China’s Communist Party, said the railway “connects hearts” and promotes development.
BUSINESS / Economy
Nov 7, 2023
China revamps lending to Global South as U.S. narrows spending gap
Beijing is moving away from the big bilateral deals in favor of collaborative lending that reduces its exposure to financial risk, a new report says.
Demonstrators hold banners in front of the TotalEnergies headquarter building at La Defense in Courbevoie, France, on Nov. 3, ahead of the international climate conference COP28 in Dubai later this month.
WORLD
Nov 7, 2023
Impasse broken on climate fund before COP28 but tough road ahead
Both developing and developed countries said they had made major concessions to avoid a failure that would have soured U.N. climate talks.
A road is flooded in Mehar, Pakistan, in August 2022.
WORLD
Nov 5, 2023
Climate negotiators reach framework to aid vulnerable countries
Delegates meeting in Abu Dhabi agreed late Saturday that the World Bank will host a new Loss and Damage Fund on an interim basis for four years.
A member of the Chinese military holds a microphone emblazoned with the symbol of the Beijing Xiangshan Forum in Beijing on Sunday.
ASIA PACIFIC / Politics
Oct 29, 2023
China kick-starts Xiangshan Forum in absence of defense minister
China's biggest annual show of military diplomacy started Sunday, as Beijing looks to draw developing countries closer in its rivalry with the U.S.
Climate activists demand that the World Bank stop fossil fuel financing on the first day of the annual meeting of the International Monetary Fund and the World Bank in Marrakech, Morocco, on Oct. 9.
COMMENTARY / World
Oct 27, 2023
Telling countries not to be poor is bad climate advice
As developing nations bear the brunt of the costs of climate change; the world's richer states need to pay up.
Delegates arrive for the opening ceremony of the Belt and Road Forum to mark the initiatives 10th anniversary in Beijing on Wednesday.
EDITORIALS
Oct 20, 2023
China aims to remake the world with its Belt and Road initiative
Infrastructure is key to the success of the developing world and the failure to help emerging economies meet this vital need will rightly tar the West.
Chinese President Xi Jinping exits the podium after giving his speech during the opening ceremony of the third Belt and Road Forum for International Cooperation in Beijing on Wednesday.
COMMENTARY / World
Oct 19, 2023
Belt and Road anniversary prompts reflection on China's global ambitions
Countries like the U.S., Japan, India, and Canada should participate in the BRI's infrastructure projects to influence the initiative's evolution.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?