After a double-digit decline in 2020, announced greenfield projects in electronics and electrical equipment saw a remarkable 156% increase in 2021. These projects were hard hit during the first year of the pandemic by supply chain problems. Announced greenfield projects, by sector and selected industries, 2020-2021 Among the
Global GDP experienced a strong recovery in 2021, with estimated growth of 6.1 percent after a 3.1 percent contraction in 2020, the U.S. International Trade Commission (USITC) said. Emerging market and developing economies grew the most, 6.8 percent, followed by advanced economies, which grew 5.2 percent. In particular,
LG Energy Solution (LGES) and Honda Motor Co. announced Monday an agreement to establish a joint venture (JV) to produce lithium-ion batteries in the United States. According to a joint statement, the production is intended to power Honda and Acura EV models for the North American market. With
Mexico’s sugar exports go mainly to the United States and Puerto Rico, and to other destinations such as Morocco, Republic of Georgia, Colombia and Canada. In the current cycle still underway, from October 2021 to August 21, 2022, Mexican sugar exports totaled 1 million 944,765 tons. To the
According to the U.S. Department of Agriculture (USDA), world corn consumption has increased just over 607% from the 1960/1961 crop year to the 2022/2023 season. The growth in consumption is the result of a combination of many factors including world population growth, which, according to the U.S. Census
The private basic education market in China has maintained a growing trend in recent years, according to Hailiang Education Group Inc. The company has benefited from increased demand for private K-12 education (elementary schools, starting at age 6, middle and high schools for the fiscal years ended June