Although U.S. Commerce Secretary Wilbur Ross had termed a provision of the USMCA as a “poison pill”, Mexico and China have agreed to interpret it differently: they have emphasized that it does not impact bilateral trade relations between countries that… Read More ›
strategic
Greenland picks Denmark for airport projects over U.S. and China
Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›
China flexes it financial muscles in the South Pacific
China’s lending program to the island nations of the South Pacific has gone from zero to more than $1.3 billion over a decade. The relatively high cost of debt-servicing in these tiny economies have stoked fears that the entire region… Read More ›
Myanmar scales back Kyauk Pyu deepwater port fearing debt trap
Myanmar seems to have learned the lessons of China-back projects in Sri Lanka and Pakistan. Avoids walking into a debt trap. According to a top government official from Myanmar, the government is scaling back plans for a port project funded… Read More ›
Volkswagen weighing options to spin-off Ducati and Renk
At a crossroad, VW’s strategic steps could either lead to expanding these businesses or could lead to a spin-off. Looking at efforts aimed at boosting efficiency and becoming more nimble, Volkswagen, Europe’s biggest carmaker, is looking at the cost benefits… Read More ›
Boeing acquires aerospace spare parts maker KLX Inc for $3.2 billion
The strategic acquisition, aimed at garnering more revenues from the higher-margined spares parts and airplane services industry, does not significantly impact its 2018 guidance or its capital deployment strategy. On Tuesday, in a move aimed at expanding its aircraft services… Read More ›
Qingdao Haier Co Ltd likely to launch D-shares in Frankfurt
Through the launch of these D-shares at the infant Frankfurt-based China Europe International Exchange (CEINEX), Chinese companies are expanding their foothold in Europe and flanking the U.S., where the Trump Administration, increasingly aware of China’s designs, is taking steps to… Read More ›
EU, US, Japan join forces to expose China’s economic designs on global trading practices
The alliance will have to streamline their efforts and work more closely since any unilateral action by any member could undermine their core strategic group effort. As per a source close to the discussions at hand, the European Union, the… Read More ›
Italy’s Enel plans strategic shift to more mature markets
The utility giant is eyeing the expansion of its footprint in the U.S., Spain and Italy. In a development that underscores Italy’s biggest utility Enel pushing strategically to make its network more digital, the firm has disclosed that it plans… Read More ›
The finer points of the Bombardier Airbus deal
Ever wondered why suddenly the Canadian government selected Airbus when it was actively courting greater economic ties with China following Trump’s threat of tearing apart and renegotiating NAFTA agreement? This makes an interesting read. According to five sources familiar with… Read More ›