The trend of inward-looking economics (homeland economics) - bringing production home, racing to dominate strategic industries in rich countries, can create more trouble for the world, according to the Economist.
Once considered the new "tiger", Thailand's economy is increasingly lagging when political turmoil, slow signing of trade agreements, aging population.
Foxconn unexpectedly withdrew from its chip manufacturing alliance in India, making it increasingly difficult to enter the country's chip industry.
Reuters news agency recently reported that Indian refineries have begun to pay for orders for Russian oil imports in Chinese yuan.
Chinese companies have altered a once cumbersome refining process to find new uses for Indonesia's vast nickel reserves.
The Wagner private military group rebelled in Russia at a time when the global economy was still unstable because of the pandemic, the war in Ukraine and inflation.
Citing national security, the US government is considering tightening regulations on offshore capital, but enforcement will be challenging.
Barriers from the US ban make Nvidia's most advanced chip lines trade silently at China's largest technology market.
The European aircraft giant on June 19 announced that low-cost airline IndiGo (India) has ordered 500 A320 aircraft.
Seeing Western businesses withdraw, the South Asian country boldly poured money, "bet" big on Russia
RT news agency (Russia) recently reported that India's UFlex Group will build a paint and glue production line in Moscow.