After China entered the World Trade Organization in late 2001, its manufacturing output grew rapidly, as global companies shifted manufacturing from higher-wage countries to China. Then, in 2010, China overtook the United States to become the world’s largest manufacturer by output. In 2019, China accounted for 28.7% of
China comprised 89.7% of total global Christmas goods exports in 2021, at $9.505 billion, according to data from China’s General Administration of Customs. These products comprise Christmas party goods and exclude electric candles and garlands, natural Christmas trees and their stands. While Christmas in Western Christianity falls on
Members of the Group of 20 (G-20) concluded three new international investment agreements (IIAs) between May 16 and October 15, 2022. The World Trade Organization (WTO) noted that G20 members concluded two new bilateral investment treaties (BITs) and one «other IIA»: the Indonesia-Switzerland BIT, the Bahrain–Japan BIT, and
The global FDI trend improved in 2021 and its flows increased 28% Q1 2022 compared to Q4 2021, reaching US$535 billion. In the first quarter of 2022, global FDI flows reached their highest quarterly level in five years, the World Trade Organization (WTO) reported, based on data from
Price controls in Mexico involve, among others, the Federal Economic Competition Commission (Cofece), the Federal Telecommunications Institute (IFT), the Ministry of Economy (SE) and the Ministry of Finance and Public Credit (SHCP). First of all, the Political Constitution of the United Mexican States and the Federal Law of
South Korea stands out in the shipbuilding sector, with the dominance of HHI and SHI, where it ranks second in the world after China. According to the World Trade Organization (WTO), the shipbuilding sector has been undergoing a restructuring process, in line with the trend to focus on