Premier Li Keqiang first outlined the measures taken by the Chinese government in the context of the Covid-19 pandemic whose origin is still unclear but whose first outburst has been witnessed in Wuhan, China. In the face of the pandemic, and in accordance with Party guidelines, the State has formulated and implemented macroeconomic policies which […]
Alexandre Kateb, founder and chairman of The Multipolarity Report was the guest of Alex Proimos, CFA Market Narratives Podcast series which he runs for Investment Magazine, dedicated to the Australian institutional investors community. The 35 minutes long discussion tackled critical issues at the juncture of Economics, Finance and Geopolitics focusing on what they meant for investors. From the rise of the BRICS and the future of the US-China relationship to global inequality, the power of social networks and Big Tech, the global energy transition and the redefinition of political risk in a Multipolar World.
At a time when China’s Tech Giants have reached and even surpassed their US counterparts, India’s Tech sector lags behind its East Asian rival in scale and scope. Yet, India is among the top three global economies in number of digital consumers. with 560 million internet subscriptions in 2018, up from 238.71 million in 2013, India is the second-largest internet subscriptions market in the world. In this Business Intelligence focus, we explore the challenges and opportunities associated with the ascent of Digital India
Hydrogen as a feedstock for the petrochemical industry Since the first demonstrations of water electrolysis some two hundred years ago, Hydrogen has witnessed many false dawns. As recorded by the International Energy Agency (IEA) in its landmark report on the Future of Hydrogen, commissioned by the Japanese Presidency of the G20 in June 2019, hydrogen […]
The Multipolarity Report partnered with The Global Diwan on a webinar that covered business and strategic issues on energy developments in the Middle East. Below is a video recording of the webinar with the participation of Alexandre Kateb
What are the key challenges for the US-China relationship with a Biden Administration? MEDays Talk Discussion between Prof. Yong Wang, Andrew Leung and Alexandre Kateb
In order to contain the second wave of the COVID-19 pandemic, most European countries have implemented new lock-downs starting from Mid-October. As the Chart of the Week with data extracted from Google Mobility shows, the new “soft lockdowns” were overall significantly softer than the “hard lockdowns” implemented to contain the first wave of the pandemic, earlier this year in […]
The Chinese authorities are increasing their oversight of the country’s large Internet platforms.
The publication of the Draft Measures for the regulation of online trading (网络交易监督管理办法 – 征求意见稿) by China’s State Administration for Market Regulation China’s version of a global regulatory effort to prevent and to sanction some abusive practices which stem from the Platforms market power and dominant positions. The latest regulations put their focus on multihoming and other principles which are key for ensuring a fair competition in the digital age. Article 31 of the Draft Regulations prohibits abuses of market dominance by online trading operators.
According to Iran Daily, the Iranian government amended its regulations on cryptocurrencies to allow them to be exclusively used for funding imports, at a time of increased pressure on the country’s FX reserves. The move is illustrative of a tendency among a number of Petrostates like Russia, Kazakhstan and Venezuela to support through energy subsidies. the development of a homegrown crypto-currency mining. It could allow these countries to hedge and ultimately to significantly lower their exposure to the US dollar and US financial institutions. The Iranian move also shows that crypto-mining is an emerging global industry in its own right which has moved from being considered as an outcast to being treated as a strategic asset.
The measures taken by the Trump Administration against Chinese technology firms go far beyond Huawei. The latest casualty is SMIC, China’s flagship semiconductor fabrication firm. China’s semiconductors industry is now having difficult times. The US-China dispute has morphed into a commercial embargo against Chinese semiconductors industry. It involves non-Chinese and non-US companies, first and foremost Taiwan’s TSMC and Korea’s Samsung. It could have far reaching consequences, leading to a new restructuring of this global industry.