What Does This Year’s G20 Summit Mean for the Markets?


A face-to-face meeting between Chinese President Xi Jinping and US President Joe Biden took place for the first time since 2017. They discussed their joint commitment to charting a new course towards a better bilateral relationship during a side event at the G20 summit in Bali, Indonesia.

Alex Doonanco, Director of Strategic Projects at the North American Ecosystem Institute, gives his perspective on what this year’s G20 Summit might mean for the markets:

Alex’s Thoughts on the G20 Summit

“As we know, Chinese President Xi Jinping, and President Biden opened up this year’s G20 Summit in Bali with a three-hour face-to-face conversation, the first of its kind in Biden’s presidency. Now, what does this mean for the bilateral relationship and what does this mean for the markets? First looking at the idea of the conversation as a whole this is a good sign from the respect of diplomacy and potential military conflict cooling up that side.

However, if we look at the markets, I think there’s a really key principle that was really repeated and reiterated throughout the conversation, which is that both parties agreed not to unilaterally disrupt the status quo. However, I think we can all agree that the existing status quo is quite troubling, especially when we look at the trade war that has already been very destructive to each economy, respectively.”

Follow us on social media for the latest updates in B2B!


The Potential of COW Water Reuse in Dairy Industry Shows Promise for System Management and Plant Maintenance
December 7, 2023

For the latest episode of ChemAqua’s Water Solutions podcast, the focus was on an innovative approach to water conservation in the dairy industry. The show examined the potential of reusing Condensate of Whey (COW) water, a byproduct of dairy processing, and highlighted some of its economic and environmental benefits. Hosted by Dani Waddell, the informative […]

Read More
Tylping on a computer at a Family Entertainment Center
Best Practices for Implementing Venue Management Software into FECs
December 6, 2023

The implementation of venue management software is a pivotal step for businesses in the entertainment and leisure industry. Kalyn New from Roller Software shared her expertise on this subject in a soundbite from the International Association of Amusement Parks and Attractions Expo (IAAPA). Her insights focus on two main aspects: scalability and integration. New underscores […]

Read More
innovation in sustainability
Closing the Loop: Our Sustainable Commitment to Circular Economy
December 6, 2023

This video focuses on EcoLOK4, a groundbreaking product by CONTROLTEK that exemplifies innovation in sustainability. It highlights the process of transforming landfill waste into new deposit bags, with 90% of each bag’s material being repurposed trash. This initiative not only reduces waste but also closes the sustainability loop, demonstrating CONTROLTEK’s commitment to environmentally friendly […]

Read More