Newsletter By 2025-03-23
For the conservative U.S. government, the main contradiction lies in the conflict and competition between America's new conservatism and Europe's progressive ideology, while relations with China, Russia, and the control of China's rise are secondary contradictions. The evolving trend in international relations has already defined the new global spatial structure of the future. There is reason to adopt a pragmatic political stance in U.S.-China relations going forward. China shall engage more actively with the U.S. and avoid taking a confrontational stance. This approach will benefit China in gaining greater development opportunities within the current international dynamics, noted
ANBOUND’s founder Kung Chan.
>>Germany's shift towards large-scale fiscal stimulus, while boosting short-term demand, will bring some negative consequences. Particularly for European countries that have long been plagued by sovereign debt issues, this could lead to the erosion of fiscal constraints across EU nations and drive up sovereign bond yields. Combined with the impact of Trump's tariff policy, this will further exacerbate the risk of sovereign debt in Europe, being one of the costs associated with Germany’s fiscal push, remarked
Wei Hongxu, Senior Economist of China Macro-Economy Research Center at ANBOUND.
>>In recent years, the EU has struggled with high inflation, weak economic growth, a gradual lag in high-tech fields. Along with internal cultural and value rifts, the EU's overall competitiveness and global influence are showing a clear trend of decline. At the beginning of the century, the EU's ambition to become the "third pole" of the world was steadily becoming an increasingly distant goal. Once a formal ceasefire occurs between Russia and Ukraine, regardless of how the situation unfolds afterward, the EU's internal reforms should be placed on the agenda, according to
Zhou Chao, Research Fellow for Geopolitical Strategy programme at ANBOUND.
>>Financial regulatory authorities should enhance the regulation of AI tools, following the principle of starting with simple, low-risk applications and gradually refining the approach. This will involve initially focusing on a smaller scope, expanding over time, incorporating interactive feedback, and continuously improving the regulatory framework. Such an approach will facilitate the gradual development of an efficient AI regulatory framework to effectively mitigate financial risks. This constitutes "preemptive regulation", as opposed to "post-event regulation", which, if triggered by a major incident, the latter would inevitably incur substantial costs and consequences, in the opinion of
Yang Xite, Research Fellow at ANBOUND.
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