This is a moment of transition for international trade and the global economy.
The US and Chinese economies, while both exhibiting unusually high volatility, hit a trough in the middle of 2023. Their volatility has had ripple effects around the rest of the world, and the shape of their recovery will be a major force in 2024. The return of industrial policy, ongoing escalation of China-US competition and the turning of the inflation cycle will shape the global economy in new ways, even as there are rising growth stars amongst both emerging and developed markets. Supply chain realignment has moved firmly out of the conference hall and boardroom and onto the ground: who are the winners and losers in the year ahead?
Meanwhile, the digital transition has shifted into a new gear with AI, and the green transition continues, but at a pace well below that which is necessary, and with critical mineral shortages looming. Asia is poised to be a bright spot for growth, even if China's recovery has been more muted than hoped. And looking ahead to 2024, we expect to see continued improvement in most markets.
While south-East Asia will lead the acceleration in Asia, there will be places in the rest of the world that will show larger increases in business opportunity in 2024. Companies are assessing these developments and the new geography of global business by focusing on risk resilience: we will share our views on the key financial and operational surprises to watch out for.
In this programme, we will:
- Present our latest analysis of the global and Asian economies and look ahead to 2024
- Discuss implications of continued inflation, cost of living crises, energy security concerns, supply chain transformations, and more
- The return of industrial policy and it's impact on business operations
- Unpack how companies can navigate through geopolitical influences on business
- Consider how companies can manage risk, remain resilient, and unlock opportunities
Please note that this event is limited to senior-level executives and per invitation only. If you are not an existing member of Economist Intelligence Corporate Network, but would like to learn how you can attend our events, please send an email to email@example.com.