Globalization and the growing importance of intangible assets are reshaping corporate income taxation. Tax competition remains a defining feature of the global economy, but its nature is changing as anti-avoidance reforms take hold, new IMF research shows.

#US# |🌍 #Globalization# isn't dying—it's reconfiguring! #IEA#'s @IEA_economics Lili Yan Ing says trade slowdown ≠ deglobalization. 📉➡️🔄 We've lifted millions from poverty, but inequality (look at U.S. wealth gap) fuels protectionism. 🏛️💸 Her fix? 3 priorities: 📊 Beyond #GDP—track# human capital & green transition 🛡️ Build domestic resilience via diversification 🤖 Govern #AI# & #tech# responsibly #Trade# #EconomicPolicy# #Inequality# #Sustainability# #HumanCapital# #Resilience# #Protectionism# #TrumpTariffs# #Reconfiguration#

The investment playbook built for an era of globalization, falling rates and relative stability is being tested. On October 13, Uday Kotak, Founder & Director of Kotak Mahindra Bank, joins the #BloombergNewEconomy# Forum to examine how investors are adapting as the nature of global risk changes. Learn more:

Premier Li Qiang: For many years, China has been steadfastly promoting economic globalization. We honor our commitments, strengthen cooperation, uphold equality and pursue win-win outcomes. This way, we achieve development at home and benefit the wider world at the same time. In the digital era, China will continue to embrace the world, deepen economic and trade cooperation with all parties, and jointly promote global economic recovery and growth.