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Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN




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2point6billion.com discusses business and investment news rising from the geopolitical relations of China and India, and the interactions these two countries have with the rest of emerging Asia.



Monthly Archives: February 2014

North American Leaders Champion TPP

By Shawn Greene

At the so-called “Three Amigos Summit” in Toluca, Mexico, celebrating the 20th anniversary of NAFTA this week, the leaders of Canada, Mexico and the United States have vowed to expand free trade agreements between North America and Asia while pushing for the successful conclusion of Trans-Pacific Partnership (TPP) negotiations this year.

Speaking at the summit, President Obama expressed a determination to keep TPP progress on track despite many in the U.S. Congress indicating they will refuse to support a renewal of so-called ‘fast-track’ negotiating authority, or trade promotion authority. Continue reading

Posted in Business, Foreign Trade, Markets, Politics | Comments Off on North American Leaders Champion TPP

Rising Global Defense Spending: Asia Pacific’s Outlook

By Shawn Greene

SHANGHAI – For the first time in five years, worldwide defense spending will increase according to IHS Jane’s Annual Defence Budgets Review.

According to the forecast, China is on track to outspend the UK, France and Germany combined by 2015, and Asia Pacific remains the only region with a steady increase in defense expenditures from 2009 onwards.

The yearly review from the U.K.-based defense analysis company tracks military expenditures in the 77 top-spending countries while making predictions about global defense budgets over the next five years. Continue reading

Posted in Culture & History, Politics | Comments Off on Rising Global Defense Spending: Asia Pacific’s Outlook

Moc Bai Economic Zone and Border Gate to have Bright Future

HANOI – Vietnam’s Moc Bai Economic Zone and Border Gate (hereinafter referred to as “the Zone”) is expected to become an international trade center in the near future. The Zone will serve to promote cooperation and development between Vietnam and Cambodia, as well as the other countries in the ASEAN region.

Located along the soon to be completed Trans-Asia Road, the Zone is in a prime position to benefit from the trade that will soon by moving via the new roadway. The Trans-Asia Road, currently under construction, stretches from Myanmar, through Thailand, Cambodia, Laos, Vietnam, and finally ends in Quangxi, China. Continue reading

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