China Controls the Solar Supply Chain, But Value Capture Is Becoming Harder
China dominates every stage of solar PV manufacturing, yet export revenues are increasingly exposed to global pricing cycles rather than to volume growth.
China dominates every stage of solar PV manufacturing, yet export revenues are increasingly exposed to global pricing cycles rather than to volume growth.
The top of the global trade landscape separates into economies defined by scale and momentum.
The EU, USMCA and ASEAN alone account for over half of global trade, concentrating both production and demand within a narrow set of economic systems.
Asian fintech structural adoption continues to deepen, especially in digital payments, even as fintech funding in the region is in a down cycle.
AI is expected to create 11 million roles while displacing 9 million by 2030, making it the single most important force reshaping jobs, skills and business models.
Export growth in emerging markets beyond China is concentrating among a small group of mid-scale exporters outpacing global trade.
Rapid growth, astute deal-making and a widening footprint across strategic metals have transformed Zijin into a diversified, global mining firm.
ASEAN has almost doubled its trade since 2010 and has strengthened ties with China and the U.S., cementing the bloc’s position as an East-West trading nexus.
ASEAN’s trade has surged to nearly USD 4 trillion in 2024 while developing a uniquely balanced structure.
Over the last decade, Chinese firms surged into the global mining elite, now accounting for 2 of the top 5.