Advancing sustainable global trade
The Hinrich Foundation is a unique Asia-based philanthropic organization that works to advance mutually beneficial and sustainable global trade through research and educational programs.
Understanding global trade
Original research, strategic insights and quick analysis that offer a better understanding of key global trade trends and issues.
Master’s degree scholarships and short courses for trade business professionals, media and policymakers that provide the practical knowledge and tools to advance sustainable global trade.
The Master of Global Trade is a 12-course, 15-month Master’s degree that develops students’ expertise on all aspects of global trade, from business and logistics management to international strategy, and equip them with essential technical and soft skills to excel in their fields. The Master of Global Trade represents a pioneer effort between a philanthropic organization, industry partnerships and academia to achieve the mutual goal: advance sustainable global trade through education and talent development.
This postgraduate program provides in-depth knowledge about the process of mass communication, the theories and methods needed to analyze and understand the media as social institutions. Our scholarship supports media professionals on their path . . .
We established the Hinrich Foundation Alumni Association (HFAA) to stimulate regular exchanges between young trade leaders committed to advancing sustainable global trade. Led by the Alumni Leadership Committee, the HFAA is a community of people who . . .
This 17-month part-time modular postgraduate degree provides working professionals world-class training in management and leadership, and a platform to transition into a top-level senior management role. The scholarship aims to support individuals . . .
Media play a critical role in providing deeper perspectives on trade issues. Our 4-days training courses for media, organized by the National Press Foundation, provide deep knowledge on all aspects of international trade. The next course will be in . . .
Despite initial disruptions and anxiety caused by uncertainties, trade marches on during COVID-19. Sponsored by the Hinrich Foundation, the National Press Foundation launched a webinar series on global trade – its past, present and future, what . . .
Resources, support, and recognition for journalists
Objective analysis of trade trends and issues, short-courses, Masters in International Journalism Studies (MAIJS) scholarships and an award for distinguished reporting on trade.
Our experts are trusted by news organizations across the globe
In the news
Media come to us for fresh thinking and deep analysis into the issues impacting global trade outcomes. Read our recent experts’ commentaries. Drawn from a wide range of disciplines and sectors, our experts offer valuable views and opinions on achieving sustainable global trade.
The Regional Comprehensive Economic Partnership (RCEP) will see Asian importers increasingly spurn business with the EU, US and other non-member markets, cementing the Asia Pacific region’s primacy in global trade, new UN research finds. However, analysts, including Senior Research Fellow Stephen Olson, questioned the potency of RCEP’s various tariff concessions, due to the number of trade agreements in place across the region. "A large portion of the trade liberalisation that is viable among the 15 members has already been reaped."
"Whether your current project is to address the exposure from disruptions to your supply chain or to digitize the entire enterprise as a result of the increasing disruption caused by technology-driven innovation, what’s becoming clear is that companies will be forced to become agile and adaptive", writes Jerry Peck in this commentary. Quoting a Hinrich Foundation report on “Strategic US-China decoupling in the tech sector”, the author notes that rising geopolitical risks will change business models at unprecedented rates of speed.
China is planning to tighten restrictions for Chinese companies that want to list overseas. And while Beijing won't ban them from trading abroad altogether, life might be getting a lot tougher for firms hoping to score more foreign investment. "China's cascade of new regulatory requirements, screenings, waivers, permissions and increased scrutiny around things like data security and foreign ownership are the equivalent of financial non-tariff barriers. The new red tape, much of which is opaque, simply isn't worth the hassle or the risk [for foreign investors]," said Research Fellow Alex Capri.
At the forefront of Xi's mind is almost certainly a desire to keep the country running steadily ahead of a historic third term in office. "Xi's message of 'stability' is aimed at the political establishment in China, which must absorb the brunt of an historic power play, in addition to the business sector," said Research Fellow Alex Capri. "[It] also intended to assuage growing anxieties on Wall Street and within other corporate and financial hubs, which China relies upon far more than it cares to admit for investment, technology and trade."
Chinese ride-hailing giant Didi wants to bail on Wall Street. It may soon have plenty of company. The pressure from both nations has created a "perfect storm" of problems for China's big tech firms who want to go public in New York, says Research Fellow Alex Capri. He called Didi's move a "harbinger of [the] increased fragmentation of global financial markets along geopolitical lines." Further down the road, Capri noted that Beijing's efforts to roll out a government-backed digital currency could create further obstacles for Chinese companies to list in foreign markets.
With data increasingly being treated as a commodity – that can be owned, controlled and protected – the concept of ‘digital sovereignty’ has become a key component of policy discourses on digital issues in recent years, with countries across the globe pushing to claim authority over their data. However, according to the 2021 Hinrich Foundation report ‘Digital Sovereignty: protectionism or autonomy?’, as an emerging policy area, digital sovereignty is by nature a “fuzzy” concept.
Quoting Senior Research Fellow Stephen Olson, this article poses the question on whether China is prepare to adopt the far-reaching economic reforms it did to gain entry into the WTO in 2001. Olson is skeptical: "Many of its [the CPTPP] final provisions, although groundbreaking, fell short of lofty initial ambitions...Ample exceptions and wide loopholes would ease China’s compliance with the more challenging provisions...China has already demonstrated its immense skill in...nullifying trade rules in other agreements."
In this commentary by Daniel Snyder, the author noted that both US President Joe Biden and China President Xi Jinping clearly wanted to challenge the misperception that they are on the brink of conflict, and to prevent an unintended escalation of tensions that might become impossible to manage. Quoting Senior Research Fellow Stephen Olson, Snyder remarks that cooperation and engagement will take place, but the clear differences between China and the US will not go away. This article first appeared in The Oriental Economist.
Corporate subsidies by China, the EU, and the US: Time for reforms?
Corporate subsidies are a major source of controversy in the world trading system. Despite its harmful effect on mutual trust and reciprocity among trading nations, at present there are no serious attempts to find common ground. In this webinar, Global Trade Alert Founder Simon Evenett and a panel of experts discussed the urgent need to renew multilateral cooperation on the issue of subsidies.
Resilience in an increasingly multipolar global economy
As part of the Chatham House Global Trade Conference 2021, Research Fellow Stewart Paterson and other panelists discussed how intensifying geopolitical competition is shaping global trade and increasing the likelihood of supply chain shocks. They also explored what businesses can do to make their operations more resilient in an increasingly multipolar world.
The Wall Street Journal wins 2021 Hinrich trade reporting award
The Wall Street Journal has won the Hinrich Foundation Award for Distinguished Reporting on Trade, hosted by the National Press Foundation. The winning reporting covered Beijing's use of its power and political leverage to give Chinese companies a permanent advantage in the global marketplace. The winning team is comprised of six WSJ foreign correspondents reporting from Asia and Europe: Valentina Pop (now with the Financial Times), Sha Hua, Stu Woo, Daniel Michaels, Matthew Dalton, and Yang Jie.
Curbing data flows: Digital sovereignty on the rise
The rise of data sovereignty is complicating efforts to build a global consensus on shared rules for governing cross-border data flows. In this webinar hosted by the Hinrich Foundation, four expert panelists shared their insights and recommendations as the potential fragmentation of the global digital economy prompts critical questions. Will stricter regulation impede international trade? Should policymakers wield power over data in ways that limit its utility for society at large?
Can border taxes end carbon leakage and help reduce greenhouse emissions?
The issue of climate change poses an immense existential threat. Could the various proposed carbon border taxes help reduce greenhouse emissions and encourage emitters to play their part? Featuring three speakers from Covington and Burling, the World Bank, and Politico Europe, this National Press Foundation webinar, supported by the Hinrich Foundation, explored the concept behind Europe's carbon border adjustment mechanism (CBAM) and its potential implications for global trade.
The weaponization of global value chains
The race to achieve technological supremacy, which is at the heart of the US-China power rivalry, is affecting the world more profoundly than most realize. Hinrich Foundation Research Fellow Alex Capri explains this phenomenon of "techno-nationalism" in a recent webinar hosted by the Foreign Press Correspondent Association (US) and supported by the Hinrich Foundation.
In this book, Clyde Prestowitz describes the key challenges posed by China and the strategies America and other liberal democracies must adopt to meet them. He argues that these approaches must be more sophisticated and comprehensive than a narrowly targeted trade war, and that they don't have to contravene international or domestic law.
We supported the publication of “China, Trade and Power: Why the West’s Economic Engagement Has Failed” to promote reasoned and informed debate on the trade relationship between the West and China. This book, by Stewart Paterson, describes the unintended consequences of the policy of engagement that led to China's accession to the WTO in 2001, and aims to equip policymakers, business leaders and civil societies to contribute to the design of mutually beneficial approaches for sustainable global trade.
We commissioned Professor Michael J. Enright to lead a major research project identifying the impact of foreign direct investment on China’s economic development. The book provides a powerful analysis of China’s policies toward foreign investment and gives foreign companies tools to demonstrate their contributions to host countries, showing the tremendous power of foreign investment to help transform economies.