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To stimulate a debate about the rise of China's digital economy, this essay compares China and the US in one key area of the digital economy – e-commerce and internet-based services. China still lags behind the US in internet penetration, but it distinguishes itself by building a mobile-first, fiber-intensive, and inclusive digital infrastructure. A favorable infrastructure, innovations tailored to the large Chinese market, and local firms’ rapid commercialization of products and services turned the world's largest domestic population into active online consumers, helping China overtake the US by a large margin in retail e-commerce and digital payment. While China translated digital technologies into leading business-to-customer and customer-to-customer businesses, it has not been so successful in business-to-business services. The US is still ahead in the general-purpose technologies underlying the digital economy.

This book examines the role of mercantile networks in linking Asian economies to the global economy. It contains fourteen contributions on East, Southeast and South Asia covering the period from 1750 to the present.

Facing the pressure of Sino-US strategic competition, countries in the Asia-Pacific region often adopt hedging strategies to minimize risk and protect their interests. If implemented, these strategies could impact relationships between countries and lead to political instability. Owing to a lack of theoretical evaluation frameworks and methods, few studies have examined the implementation effects of hedging strategies adopted by Asia-Pacific countries amid Sino-US competition. This study proposes a novel four-quadrant evaluation theoretical framework, and constructs a Geopolitical Relation Index and a Comparative Relation Index based on the Global Database of Events, Language, and Tone massive event data. Since 2000, the effects of hedging strategies in 19 Asia-Pacific countries against China and the US have been dynamically quantified. The research reveals that Asia-Pacific countries’ dynamic performances over 24 years can be categorized into three groups: significantly closer to China, significantly closer to the US, and swinging. Since implementing the Belt and Road Initiative, countries close to China have deepened their ties, while those aligned with the US have strengthened their ties. Asia-Pacific countries have demonstrated similar characteristics from Obama’s presidency to Biden’s presidency. The results contribute to the dynamic assessment and ongoing monitoring of the execution effects of Asia-Pacific countries’ diplomatic strategies towards China and the US, offering valuable insights for timely refinement of their foreign policies.

The complex and unresolved evolutionary origins of the 2009 H1N1 influenza pandemic exposed major gaps in our knowledge of the global spatial ecology and evolution of influenza A viruses in swine (swIAVs). Here we undertake an expansive phylogenetic analysis of swIAV sequence data and demonstrate that the global live swine trade strongly predicts the spatial dissemination of swIAVs, with Europe and North America acting as sources of viruses in Asian countries. In contrast, China has the world’s largest swine population but is not a major exporter of live swine, and is not an important source of swIAVs in neighbouring Asian countries or globally. A meta-population simulation model incorporating trade data predicts that the global ecology of swIAVs is more complex than previously thought, and the United States and China’s large swine populations are unlikely to be representative of swIAV diversity in their respective geographic regions, requiring independent surveillance efforts throughout Latin America and Asia. The 2009 H1N1 influenza pandemic exposed major gaps in our knowledge of the spatial ecology and evolution of swine influenza A viruses. Here Nelson et al . perform an extensive phylogenetic analysis of these viruses and show that the global trade of live swine strongly predicts their spatial dissemination.

The fire ant Solenopsis invicta is a significant pest that was inadvertently introduced into the southern United States almost a century ago and more recently into California and other regions of the world. An assessment of genetic variation at a diverse set of molecular markers in 2144 fire ant colonies from 75 geographic sites worldwide revealed that at least nine separate introductions of S. invicta have occurred into newly invaded areas and that the main southern U.S. population is probably the source of all but one of these introductions. The sole exception involves a putative serial invasion from the southern United States to California to Taiwan. These results illustrate in stark fashion a severe negative consequence of an increasingly massive and interconnected global trade and travel system.

This book has brought together some of the foremost scholars of South Asian and global history, who were colleagues and associates of Professor John F. Richards, to discuss themes that marked his work as a historian in an academic career of almost forty years. It encapsulates discussions under the rubric of 'frontiers' in multiple contexts. Frontier has often been conceived as a space of transformation marking new forms of economic organization, commodity trade, land settlement and state authority. The essays here underline the range of interests and approaches that marked Professor Richards' illustrious career - frontiers and state building; frontiers and environmental change; cultural frontiers; frontiers, trade and drugs; and frontiers and world history. The volume discusses issues from medieval to early modern South Asian history. It also reflects a concern for large-scale global processes and for the detailed specificities of each historical case as evident in Professor Richards' work.

This book traces the history of working people who helped established the foundation of the American empire in the Pacific from its origins after the American Revolution to its coming of age in the 1840s and 1850s. Beginning with the expeditions of the Columbia and the Lady Washington, Lampe argues that the early American Pacific can best be considered through the interaction of four major locations, connected through the networks of trade: the merchant ship, the Northwest Coast, Honolulu, and Canton (Guangzhou). In each of these locations, the labors of a diverse population of working people was harnessed in the critical labors of empire building, including the transportation of goods. The central question that the consideration of working people in the Pacific economy during this period is, Lampe argues, the role of power applied on these laborers by an international capitalist class, emerging alongside the Pacific commercial empires. Lampe also finds that this power was not uncontested and emerged in response to the activities of labor. Working people, on the ship and in the port cities, found ways to secure their piece of the profitable trade, often through illicit means.

Accelerated digital transformations and the evolution of consumer behavior in recent years underscore the need for a systemic perspective in marketing analytics to better comprehend the complex interplay between technology, data, and the profound changes triggered by global events, such as the COVID-19 pandemic. The COVID-19 pandemic has catalyzed a massive shift toward digitalization and transformed e-commerce from an option to a necessity for both businesses and consumers. This paper analyzes the total store and non-store sales, as well as total e-commerce sales, of the US retail trade across six main business categories and nine subcategories from the first quarter of 2018 to the first quarter of 2024. The data was divided into three time spans, corresponding to pre-, during, and post-COVID-19 pandemic periods, to examine the changing behavior of US consumers over time for different business categories. The statistical and econometric methods employed are the partial autocorrelation function (PACF), autocorrelation function, autoregressive integrated moving average model, inferential statistics, and regression model. The results indicate that the pandemic significantly increased non-store retailer sales compared to the pre-pandemic period, underscoring the importance of e-commerce. When physical stores reopened, e-commerce sales did not decline to pre-pandemic levels. The PACF analysis showed seasonality and lagged correlations. Thus, the pandemic-induced buying behaviors of US consumers continue to influence current sales patterns. The pandemic was more than just a temporary disruption, which permanently changed the retail sector. Retailers that quickly adapted to online models gained a competitive edge, whereas US consumers became accustomed to the convenience and flexibility of e-commerce. The behavior of US consumers adapted not only in response to immediate needs during the pandemic but also led to longer-term shifts in spending patterns, with each category reacting uniquely based on product type and perceived necessity. The analysis of how the COVID-19 pandemic transformed consumer behavior in the US reveals several important implications for both consumers and trade policymakers. First, the long-lasting and structural shift toward e-commerce is confirmed, representing a fundamental change in the dynamics of demand and supply. For consumers, the convenience, flexibility, and accessibility of digital channels have moved beyond mere situational advantages to become a behavioral norm. This shift has empowered consumers by giving them greater access to price comparisons, more diverse options, and increased informational transparency. Additionally, the data shows the emergence of hybrid consumption models: essential goods are mainly purchased online, while purchases of branded clothing, electronics, furniture, luxury items, and similar products continue to favor the traditional retail experience.

Are international and Asian regional institutions serving the development goals of Asian and Pacific Economies as well they should? The global economy, led by the Asia Pacific region, has undergone immense change and growth. Have the existing institutions and arrangements been able to keep pace with those changes in the global economy? International Institutions and Asian Development tackles these questions and is an essential book for the assessment of regional and international institutions, as well as policy prescriptions for reforming them to ensure they deliver on sustainable, peaceful growth and development in the region. Drawing from papers presented to the 32nd Pacific Trade and Development conference in Hanoi in 2007, the contributions by distinguished authors add to the understanding of the purpose, evolution, relevance and gaps in regional and global institutions and their arrangements. Shiro Armstrongis a Research Fellow at the Crawford School of Economics and Government at the Australian National University. Vo Tri Thanhis Director of the Department for International Economic Integration Studies of the Central Institute of Economic Management in Vietnam