The Joint Economic Committee of the U.S. Congress and President Joe Biden’s administration hold certain contrasting positions on China tariffs. On the one hand, the Committee believes that the China tariffs on nearly $270 billion of imports from that Asian nation are actively raising costs for producers and
Novagant Corp. described some opportunities in logistics in China and Hong Kong, based on its own experience and from its perspective of the industry. In general, logistics companies are facing an era of unprecedented change as digitalization takes hold and customer expectations evolve. For example, Novagant highlights that
Although the concept of «common prosperity» in China remains ill-defined, it implies a greater focus on reducing income inequality. In this regard, Nomura Holdings believes that China’s economic growth slowed, in part due to production curbs implemented in the interest of accelerating the pace of decarbonization and the
The United Nations Conference on Trade and Development (UNCTAD) released the world’s foreign trade results by region for the first quarter of 2022. In that period, merchandise trade was significantly above 2021 levels in both developing and developed countries. On the one hand, merchandise exports from developing countries
Panama’s tariffs and trade facilitation are part of a policy that seeks to enhance the country’s logistical advantages, according to a World Trade Organization (WTO) report. After a one-year hiatus, the current account balance returned to deficit in 2021, driven by a sharp increase in the primary income
Toyota‘s sales revenue from its financial services operations was ¥2,324 billion in FY2022, an increase of 7.5% year-on-year. Although there were negative factors in FY2022, such as the tight global supply of semiconductors relative to demand, constraints on the supply of new automobiles due to the impact of