Newsletter By 2022-10-14
ANBOUND Consulting and the
Chinese Academy of Sciences will jointly organize the 2022 forum entitled
Hydrogen Energy Society and Industry Policy Initiatives in Chengdu, Sichuan Province of China. This event will take place in-person on November 28-30, 2022. The Forum will convene around 300 participants, including policymakers, business leaders, technical researchers, and city administrations for multi-facet discussions. Through communication exchanges, report presentations, and on-site observation, participants can well learn the impacts of geopolitics on China's energy patterns, how the Chinese decision-makers address key issues, as well as issues concerning regional policies and market collaboration. On behalf of the organizing committee, we cordially invite you to attend the forum, a unique opportunity to understand China's energy security strategy and industry policy tendency. For more information, please click
here.
【KC’s Column】 Russia is a permanent member of the United Nations Security Council, yet this does not mean there is no way to get its diplomats out of office, said
ANBOUND’s founder Kung Chan. In December 1991, Russia agreed to respect the UN Charter, specifically the sovereignty and territorial integrity of its neighbors. Chan noted that Russia has seriously violated this commitment through its invasion of Ukraine, so its presence in the Security Council has lost its legal basis. The Security Council has procedural tools to deal with Russian violations and recognize Ukraine's allegiance to the UN Charter. If it wishes to affirm the vitality of itself, and the UN as a whole, the Council should use these tools with no postponement.
>> While the explosion on Crimea Bridge is unlikely to trigger Russia's use of nuclear weapons, it is possible to stimulate Russia to retaliate in some way. The war in Ukraine has been fought for more than 7 months, with the all-rounded sanctions against Russia and military assistance to Ukraine by the West, Russia's national economic and military strength has been vastly reduced, where the effect of "denationization" has been increasing. In the past two months, there have been repeated losses on the battlefields in eastern and southern Ukraine on the Russian side. With Russia being deeply engulfed in this quagmire, Putin is now facing a desperate situation. Even so, it would be difficult for Russia to reverse the current passive war situation within the framework of conventional warfare, said
He Jun, Director of Macro-Economy Research Center and Senior Researcher at ANBOUND.
>>Since October, most markets are on the rise, although they are mainly affected by policy expectations. Inflation still at a high level. The trend of central banks to raise interest rates will not weaken. The attitudes of the U.S. and UK governments indicate that in the face of a market crisis, countries will take measures to intervene and rescue market liquidity risks as they did during the 2008 financial crisis. Against this backdrop, risks in the global capital market are still accumulating, and market volatility will increase. Under the trend of increasingly stringent policies, the overall outlook is not exactly optimistic, in the opinion of
Wei Hongxu, economist at ANBOUND.
>>On October 7, the United States announced a new series of export control measures for semiconductors to China. In the context of the global economic downturn and the slowdown of the semiconductor industry, the new long-arm jurisdiction of the United States is bound to constitute a huge policy challenge for semiconductor-related companies in China, the rest of Asia, and the United States itself, thereby bringing great of uncertainties. The U.S. export control policy is a forceful intervention in the global market. While the relevant regulations significantly restrict Chinese semiconductor and related industries, because the policy damages the interests of American companies, as well as businesses of other countries and regions, and seriously interferes with the market and industry, it will inevitably trigger a reaction in the global industry, according to
Yuan Yujing, Assistant Researcher of Macroeconomics at ANBOUND.
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