Page 4 - Rcep News Today

The digital frontier has become a new arena of contest for the world's two largest economies, needing effective, efficient and thoughtful regulation to ensure that its benefits are realised and dispersed.

Asia needs to harness the digital revolution to steer clear of a pessimistic economic outlook, but must first leap the hurdles of AI governance, writes Jacob Taylor (Brookings Institution).

The global value chain is playing a critical role in sustainable development.

KUALA LUMPUR: Companies from Regional Comprehensive Economic Partnership (RCEP) countries and China will be investing RM100 billion over the next five years in Malaysia to accelerate the country’s digital and green economy transformation through the RCEP Innovation and Digital Ecosystem (Ride) Madani initiative, the Malaysia-China Digital Economy Cooperation Council (MCDC) announced.

Economies in the Asia-Pacific are being pulled closer into this axis despite misgivings over Beijings disregard for trade and investment niceties. European economies, for that matter, do not share the strong scepticism of the US about China and are individually raising their engagement with the worlds largest trading bloc.

Policymakers negotiating FTAs should remember that India has to get concessions for the substantial tariff cuts it would have to give, and these concessions should not ignore new and novel issues.

ARCEP said Orange failed to meet a first deadline at the end of 2020 and had been put on notice in March 2022. Non-compliance was "particularly serious" because it harmed the interests of end users in their access to networks", ARCEP added.

India's ambitions to become a major world power will depend on its ability to integrate into global value chains and deliver on its economic growth potential.

Australia and China cannot maintain their standards of living without doing business with each other. But that is going to be tested by climate change.

Current members should seriously consider how Hong Kong’s National Security Law would impact their investments under the trade deal.