The Business Times

Andrew Hammond

Overall global income inequality appears to be declining thanks in large part to two emerging market giants, China and India.

G20: Will Asian emerging markets continue to drive progress?

For the first time in 200 years, global income inequality is declining. But income inequality within nations could set this on reverse

Flags representing the nations of the G20 Leaders Summit at the Johannesburg Expo Centre in South Africa. This is the first time the G20 Summit will be held in Africa.
COMMENTARY

Corporate diplomacy the key focus as the world’s business leaders gather in South Africa

More than 2,000 private sector executives are in Johannesburg for the B20 meeting ahead of the G20 Summit this weekend

Indigenous Brazilians are demanding climate action, including forest protection.

Asean and global emerging markets step up at COP30

The Global South presses for climate action as the Global North’s ambition wanes

China's President Xi Jinping (left) and South Korea's President Lee Jae-myung (second from left) exchanging gifts at a meeting on the sidelines of the Apec summit. While Seoul has long been a security ally of Washington, it increasingly finds itself in a diplomatic balancing act with Beijing given the latter’s growing influence in Asia and beyond.

Seoul’s geopolitical tightrope walk

South Korea is seeking to win US and Chinese hearts and minds, while pivoting to other markets, including Asean

Asean has emerged as a key player in recent COPs, and things will probably be no different in Brazil, says the writer.

Apac carbon markets embody the COP30 action agenda

Beyond the summit’s focus on forests, carbon trading’s growing momentum across the Asia-Pacific shows the power of implementation

US President Donald Trump with Chinese President Xi Jinping meeting in Busan on Oct 30. Trump's decision to steer clear of discussion of China's large purchases of Russian oil, for example, point to his currently higher priority on stabilising US-China ties.

Trump’s deal with Xi is missing what Obama had – a foundation

Beyond soybeans and tariffs, the avoidance of discussion on the two sides’ flashpoints shows the truce is merely transactional

A launch event of Chinese EV maker BYD in Argentina. China has become a major force in areas like EVs, wind and solar power, plus robotics and artificial intelligence.

China’s pivotal plenum shows long game, but can it overcome its soft-power wall?

Beijing looks to double down on tech self-sufficiency, yet its global favourability poses a challenge

Trump initially threatened to cancel the meeting, their first face-to-face since the pandemic, over the new Chinese measures on critical minerals.

Apec’s economic mission splintered by geopolitics

The gathering in S Korea may be less about multilateral cooperation than the critical side-room bilaterals driven by the US and China

Takaichi will likely ask Trump about his wider plans for a regional economic and political framework.

Asian geopolitics could shift with Takaichi-Trump meetings

New Japanese PM Sanae Takaichi will push for more assertive security role in alignment with US strategy

While the Asean leaders are a disparate group, they will have one overriding message – to persuade Trump of the strategic importance of the region and to seek more favourable tariff deals with Washington.

Is Asean prepared for Trump’s disruptive diplomacy?

Attention will be trained on the US president as the bloc addresses his administration’s tariffs and asserts Asean’s strategic importance

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