China
Vietnam’s Approach to China: A Balance of Cooperation and Struggle
Vietnam’s diplomatic strategy seeks a balance of cooperation and struggle with China, focusing on strengthening ties while resisting encroachments in the South China Sea through military enhancements and regional partnerships.
Vietnam’s Diplomatic Strategy
Vietnam’s diplomatic approach seeks to maintain a delicate balance between cooperation and struggle with China. While concerned about China’s growing influence, particularly in the South China Sea, Hanoi focuses on strengthening its economic and political ties. This effort involves military enhancements, fostering relationships with regional powers, and engaging in frequent political dialogues. By skillfully navigating relations with major powers, Vietnam aims to protect its sovereignty and foster stability amidst evolving geopolitical dynamics.
Recent Developments and Implications
Hanoi’s diplomatic maneuvering has drawn attention, particularly regarding key visits like Vietnamese Communist Party General Secretary To Lam’s August 2024 trip to China. Although there are apprehensions about a potential shift in Vietnam’s alignment due to To Lam’s background in public security and his anti-corruption initiatives, it is premature to predict any significant changes in policy. Vietnam’s leaders must continuously seek a balance between peaceful coexistence with China and safeguarding national sovereignty.
Economic Interdependence and Military Modernization
Vietnam’s strategy involves fostering economic interdependence with China while simultaneously resisting encroachments. This paradigm of “cooperation and struggle” enables Hanoi to cultivate beneficial ties in economic, political, and security domains. By leveraging its geographical advantage and connections, Vietnam enhances its economic ties while countering threats through military modernization and cooperation with regional partners. This nuanced approach allows Vietnam to welcome trade, particularly amidst shifting dynamics from the US-China trade war, ensuring continued foreign direct investment and growth in key sectors.
Source : Cooperation and struggle define Vietnam’s approach to China
China
Implications of Chinese Tech Companies’ Global Reach for AI Governance Worldwide
China is actively shaping global AI governance through participation in multilateral organizations and initiatives, while its technology companies increasingly influence the market, limiting the potential for international agreements.
China’s Role in Global AI Governance
China plays a vital role in the global governance of artificial intelligence (AI), with an increasing presence in multilateral organizations that set technical standards for this emerging technology. Chinese nationals are taking on significant roles, and the country is actively influencing AI-related initiatives within the United Nations. Additionally, China has been issuing high-level declarations outlining its vision for global AI governance.
Commercial Influence on AI Standards
While formal governance measures are important, China’s growing global market share in technology may have the most substantial impact on international AI governance. The widespread adoption of AI technologies by Chinese firms could shape and, in some cases, restrict the framework of international agreements governing these technologies. As Chinese technology companies expand, the proliferation of their AI applications may pose challenges for standardization.
Global AI Initiatives
China’s vibrant innovation ecosystem and government support for AI have propelled its tech companies to the forefront of international markets. In countries like Saudi Arabia and Uganda, firms such as SenseTime and Huawei are facilitating AI projects, including surveillance systems and smart city infrastructure. These partnerships deepen China’s global commercial reach and enhance its influence over AI development and training worldwide.
Source : What the commercial reach of Chinese technology companies might mean for global AI governance
Business
iClick Interactive Finalizes Strategic Divestment of China Marketing Business | ICLK Stock Update
iClick Interactive announced the completion of its disposal of demand side marketing solutions in mainland China, aiming to improve operational efficiency, liquidity, and profitability to enhance long-term shareholder value.
iClick Interactive Completes Business Disposal
HONG KONG, Nov. 27, 2024 /PRNewswire/ — iClick Interactive Asia Group Limited (NASDAQ: ICLK), a leading online marketing provider in Asia, has finalized the sale of its demand side marketing solutions business in mainland China. This move aligns with a share purchase agreement dated September 11, 2024, signaling a strategic shift for the company.
Enhancing Operational Efficiency
The company plans to enhance operational efficiencies and realign its focus to meet evolving market trends. These initiatives aim to boost liquidity and profitability, potentially increasing long-term shareholder value. iClick aims to leverage its strengths to drive business growth amidst dynamic industry conditions.
About iClick Interactive
Founded in 2009, iClick offers data-driven online marketing solutions across Asia, helping brands optimize performance throughout the consumer lifecycle. For further information, visit iClick’s investor relations. This release contains forward-looking statements about the company’s strategies and performance; actual outcomes may differ.
Source : iClick Interactive Completes Strategic China Marketing Business Divestment | ICLK Stock News
China
Harnessing China’s Organic Surge: Insights on Certification, Trends, and Opportunities
China’s organic product industry is booming, with sales hitting $14 billion in 2023, making it the third-largest globally. The government promotes sustainability and quality through regulations, while understanding the certification process is vital for stakeholders to leverage growth opportunities.
China’s organic product industry is rapidly growing, with sales reaching US$14 billion in 2023, making it the third-largest market globally. The Chinese government is actively promoting this sector through regulations and initiatives to meet sustainable development goals and rising consumer demand for high-quality products. Understanding the certification process and key trends in this industry is crucial for stakeholders looking to capitalize on its lucrative opportunities.
China’s organic product industry is experiencing robust and rapid growth, with total sales reaching US$14 billion in 2023, making it the third-largest organic product consumption market globally.
The Chinese government is actively promoting the organic sector to meet sustainable development goals and rising consumer demand for high-quality food and products. The Ministry of Ecology and Environment (MEE) has introduced regulations on constructing and managing national organic food production bases to standardize the development process. This initiative aims to enhance the supply capacity of green and organic products, driving high-quality growth in the organic industry.
In September 2024, the State Administration for Market Regulation (SAMR) released the China Organic Product Certification and Organic Industry Development (2024) report (hereafter, “the report”). The report highlights that organic product sales in China surpassed RMB 100 billion (US$13.8 billion) for the first time, marking a 61 percent increase compared to 2018. Over the past five years, sales have grown at an average annual rate of nine percent, further solidifying China’s position as one of the world’s leading organic consumption markets.
As China’s organic product market continues its rapid expansion, understanding the certification process for organic producers, processors, and handlers will be crucial for future growth. This article will outline the steps required for organic certification and explore key trends shaping the industry’s future.
The China Organic Product Certification program is a government initiative governed by the National Standard GB/T19630-2019, issued by the SAMR. This standard outlines requirements for the production, processing, labeling, and management of organic products. It is designed to regulate the production and trade of organic goods for the Chinese market and applies to both domestically produced and imported products. The current version of the standard, originally published in December 2011, was updated on August 30, 2019, and became effective on January 1, 2020.
Organic agriculture is a fast-growing industry in China. With people’s living standards improving and rising consumer demand for high-quality food and goods, organic agriculture has emerged as one of China’s fastest-growing industries. Organic products, requiring additional investments in production processes and higher care standards, typically command premium prices in the market. Obtaining organic product certification not only increases profitability for producers and handlers but also elevates their market competitiveness.
This article was first published by China Briefing , which is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in in China, Hong Kong, Vietnam, Singapore, and India . Readers may write to info@dezshira.com for more support. |
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