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Scoop.it!
Beijing must be more ready to support countries facing distress, says deputy chief economist 
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Scoop.it!
The announcement marks the technology giant's latest move to diversify its supply chains outside China.
Graham Watson's insight:
Something for Economics and Business Management students alike: Apple is planning to make its new iPhone 14 handsets in India, as it looks to diversify away from China.
Lots to think about here - location, multiplier effects, diversification, the implications for Apple's supply chain an organisational structure. But you might also think about whether political pressure has also played a role as the US government looks to discourage its firms in the high tech sector from engaging with China.
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Interesting, and important story for development economists, with the Deputy Chief Economist of the World Bank, arguing that the key to effective developing economy debt relief is going to be China's position as a creditor.
At present, 11 countries are rated as "in distress" and a further 28 are at risk of becoming so, and for all of them China's has a role to play in helping structure debt relief and improving developmental prospects.