Almost a year after Italy broke with its U.S. and European partners to sign up to China’s influence-extending Belt and Road initiative, relations between Rome and Beijing risk deteriorating rather than getting closer.
Forecasts indicate slower growth for global trade this year, but there are opportunities for shippers and providers of logistics and transportation services — especially in emerging countries such as Vietnam, India and the Philippines.
Unlike other big developing Asian nations such as Indonesia or India, which depend more on domestic demand to fuel their growth, Vietnam is particularly vulnerable to geopolitical risks because of its reliance on trade.
The latest supply chain news, analysis, trends and best practices for companies operating in Asia Pacific. The Asia Pacific region is the part of the world in or near the Western Pacific Ocean - including East Asia, South Asia, Southeast Asia, Australia and Oceania. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and trade laws, unstable political climates and government controlled exchange rates.
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