An FDI pioneer in for consumer goods in China, P&G now faces a Chinese market with slower economic growth, changing consumer behavior, and increasing competition from domestic producers. P&G’s is a cautionary tale of how even one of the world’s most respected companies must move at China speed if it is to achieve its ambitions in China and globally, Michael Enright writes.
Asian trade plurilaterals may be important in preserving the world trading system, but they are not a unified system and are mostly shallow, Alan Winters writes in a prognosis of the likely longevity of US trade restrictions and the need for a global response based on WTO rules.
Amazon and the Hinrich Foundation are organizing a dialogue on 13 August to explore how the Asia-Pacific can and must accelerate digital transformation as shifting geopolitical tides intertwine with trade and technology challenges. A few seats are still available; register here.
P&G is slated to release its fiscal 2025 results today. China is expected to be a drag on the company’s results, extending a sales slide that started in fiscal 2024. A pioneer in selling consumer goods in China, P&G now faces a Chinese market with slower economic growth, changing consumer behavior, and increasing competition from both foreign and domestic competitors. P&G’s China story is also a cautionary tale of how even one of the world’s most respected companies must move at China speed if it is to achieve its ambitions in China and globally, FDI expert Michael Enright writes.
Is regionalism Asia’s antidote to “reciprocal” tariffs?
L. Alan Winters 29 July 2025
Asian countries are signatories to many trade agreements that have featured innovation, cooperation, and large coalitions, all of which may be important in preserving the world trading system from the Trump administration’s “reciprocal” tariffs. However, these agreements are not a unified system and are mostly shallow. In an essay for the National Bureau of Asian Research in partnership with the Hinrich Foundation, former co-director of the University of Sussex Centre for Inclusive Trade Policy Alan Winters explores the likely longevity of US trade restrictions and the need for a global response based on WTO rules.
Amazon and Hinrich Foundation Dialogue: Bridging Trade and Technology in APAC
Amazon and the Hinrich Foundation are co-organizing a dialogue on 13 August, 2 pm to 6 pm, to explore how the Asia-Pacific can and must accelerate digital transformation as shifting geopolitical tides intertwine with trade and technology changes. Among the topics are ASEAN's cross-border payment system, ASEAN DEFA, interoperable payment infrastructure, and a proposed digital Regulatory Impact Assessment for the region. The session will be held at the AWS Asia-Pacific Hub. Limited places are available.
The impact of smartphones on US-China tech rivalry
Michael Enright
AFPC-USA
29 July 2025
Bloomberg News technology editor Vlad Savov sits down with FDI expert Michael Enright on a podcast to talk about Enright's recent work for the Hinrich Foundation on China, smartphones, and their impact on US-China tech rivalry. The podcast was organized by the Association of Foreign Press Correspondents-USA and supported by the Hinrich Foundation.
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