Geoeconomic Dynamics Update is Asia Global Institute’s data-driven, visualization-enabled blog series that provides the latest trends and analysis on changing geoeconomic landscapes, covering recent developments in supply chain reorganization, industrial policy, trade policy, and new growth engines in the Asia-Pacific and other major economies worldwide.
May 6, 2026
Heiwai Tang, David Daigneault, Guanzheng Sun
Gold price has surged since Liberation Day, briefly touching $5,300 per ounce before the Iran War triggered a sharp reversal. Beneath the price volatility lies a deeper structural shift: central banks — led by emerging markets — have been accumulating gold at historically elevated rates for over a decade and even Western allies are quietly reconsidering where they store their gold.
March 27, 2026
Heiwai Tang, Guanzheng Sun
The Strait of Hormuz crisis is disrupting global energy, fertilizer, helium, and sulfur supply, with ripple effects on power, production, and transport. Asia is most exposed in crude oil while Europe and Africa are more vulnerable in jet fuel and diesel. Effects will last until July.
February 13, 2026
Heiwai Tang, Guanzheng Sun
Major US exporters are reshaping their trade portfolio to Europe and Asia in response to US policy shifts since 2020, with the Chinese Mainland and Canada reducing dependence on the US market while Taiwan, China and ASEAN economies move in to capture shifting demand
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