As of mid-2026, China remains the centre of gravity in the EV world.
Taiwan has struggled to secure LNG supplies through May and finalised contracts covering roughly half of June demand, but additional procurement costs are expected to reach into the billions of US dollars to complete.
There will be no real winners in traditional tourism this summer – only airlines, tourist destinations and central banks left counting the cost.
The collapse of maritime stability in the Middle East has cast a long, overdue shadow over the busiest maritime chokepoint in Asia: the Strait of Malacca.
New Zealand sheep meat will enter India duty-free under the new FTA signed on April 27, eliminating a 33% tariff that has long blocked Wellington from the Indian market. Wool and forestry also gain day-one access, but dairy remains largely excluded.
Military expenditure the Asia-Pacific region increased sharply in the last year, reaching a total of $681bn - an increase of 8.1% year on year and the largest annual expansion in military spending since 2009
The European Union has already, for all intents and purposes broken away from the US. It is only a matter of time before the Quad either ceases to function or decides to go its own way, without the US.
Beijing and Hanoi are stepping up co-operation centred on internal security, in the process offering a preview of how China may deepen ties across south-east Asia despite longstanding differences with several countries in the region.
Canada's Mark Carney is driving a middle power alliance push through CANZUK and a wider variable-geometry foreign policy, backed by NATO 2% defence spending this year and plans for a Defence, Security and Resilience Bank.
According to an outlook forecast report by the Asian Development Bank, the broad Asia region including its many developing high growth economies are facing what can be best described as the most complex set of headwinds in years.
The war in Iran has delivered a systemic shock to global energy markets, but few regions have felt the strain as acutely, or quite as quickly, as Southeast Asia.
The world needs a stable Asia – East and West – and would be better served by the removal of the current Iranian regime. Only in the removal of said regime will Beijing be forced back into a more constrained, less opportunistic global role.
From South Korea to Indonesia to Bangladesh, governments are increasingly turning back to coal-fired power generation to help offset a widening shortfall in LNG imports.
China is also increasing its purchases from Russia, with imports estimated at 1.2mn to 1.5mn tonnes – primarily for use as a substitute feedstock in refineries.