The relationship between the Gulf Cooperation Council (GCC) countries and China is transforming, from a promising trade link into a dynamic economic corridor. In this article from our Sandpiper team in the UAE, we look closer at this development and what it means for business leaders and communicators.
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When Anthony Albanese’s Labor won the general election 3 May this year it marked the first second-term government in Australia in two decades. An increased majority and stronger mandate have emboldened the Government to make more substantial reforms compared to its first, more cautious term, including in healthcare, education and green energy.
On 3 May, both Australians and Singaporeans went to the polls, with regional observers closely monitoring their respective federal and general elections for domestic implications and broader geopolitical impact. Just days earlier, on 30 April, President Trump marked his hundredth day in office – during which his administration has had deep impacts across Asia.
Sandpiper is publishing a detailed research report on its Turbulent Times research of 3,050 business leaders in 27 countries. It shows 73% believe a fundamental cause of the tariff and trade conflict is the policies of the current US administration, against 62% who say it is China’s trade policies. Despite high levels of anxiety, 38% of business leaders in ASEAN countries and 21% in China say they are not well prepared to deal with current geopolitical risks.
Amid a turbulent geopolitical backdrop of protectionism and tariff wars among the world’s economic superpowers, huge strides are being made across Southeast Asia to ease trade through speedy and secure cross-border payment systems. It will be interesting to hear at Money 20/20 where further innovation will come from, where connectivity will improve next, and more about the leaders driving this dynamic financial revolution.
The Sandpiper Group (“Sandpiper”) announces the appointment of Simon Buckby as Managing Director of Sandpiper Government & Public Affairs, the firm’s global policy and government relations division. Simon is joined by Dr Craig Wilkie, who is appointed as Director, with a focus on strategic content, policy and intelligence.