In an opinion piece published on
Modern Diplomacy,
Kung Chan, ANBOUND’s founder and Xia Ri, researcher at ANBOUND, demonstrated that Chinese smartphone brands like Huawei and Xiaomi could very well fall behind a technological generation due to AI advancements, akin to the fate of Nokia phones. With Apple and Google engaging in discussions regarding a significant collaboration agreement aimed at integrating Google's Gemini artificial intelligence engine into the iPhone, this potential partnership has the potential to reshape the landscape of the AI industry. Conversely, China remains under the illusion of technological superiority.
>>Before the outbreak of the Russia-Ukraine conflict, crude oil exports to the EU (via pipelines and maritime routes) accounted for roughly 44% of Russia's total external crude oil exports, with China at approximately 30% and India at around 2%. After the war erupted, the EU's overall share gradually decreased to less than 10% by January 2024, while India's proportion rose to over 25% and China's proportion reached 27.81% in January 2024. India has shown a sharp increase, while China has experienced growth, yet not as significant as India. The greatest risk in ordinary and energy trades between Russia and China may therefore be the yuan, analyzed
Zhou Chao, a researcher at ANBOUND.
>>The notion of a climate resilient economy—an economy that can come back from shocks or stresses prompted by extreme weather events, sea level rise, and shifting ecosystems—is a central concern for this era of public policy analysts and planners. Building economic resilience in cities and municipalities in the face of climate change involves a multifaceted approach that integrates sustainability, adaptability, and innovation. And it requires considerable planning, preparation, and calculated action to minimize climate change’s costs and dangers while also taking advantage of any potential benefits from the transition to a low-carbon economy.
Odinaka (N.K.) Ezeobele, an associate director at Econsult Solutions (ESI), discussed there are multiple factors policymakers need to consider when building a resilient economy; here are four:
>>Optimistic commentators said whether it's "decoupling" or "de-risking," whether Western preference leans towards "nearshore" or "offshore" outsourcing, the U.S. and the West have no way to completely free themselves from dependence on the Chinese supply chains. In contrast to these views, ANBOUND’s researchers repeated our warn that the process of deglobalization will be lengthy and complex. "Close produce" may become an important tool for future geopolitical and geostrategic considerations due to its impact on both the supply and demand.
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