Mergers and acquisitions of Chinese companies fell 17% year-on-year in 2021 to $24 billion, according to Baker McKenzie‘s eighth annual analysis of China‘s offshore investment trends, conducted in collaboration with Rhodium Group. Overall, China’s outward Foreign Direct Investment (FDI) remained stable in 2021 compared to the previous year,
The World Trade Organization (WTO) allowed China the possibility of setting tariffs against the United States, as part of an authorization to suspend benefits of 645 million dollars a year after winning a dispute resolution panel. The case stems from the improper imposition of countervailing duties imposed on
Industrias Bachoco concluded the agreement to purchase 100% of the shares of RYC Alimentos, a multi-protein meat processor and distributor with production facilities in Puebla, Mexico. As a result, the company acquired 2 plants located in Puebla and approximately 21 stores located in four states of the Mexican
AT&T revenue was down 1.7% in 2021 from a year earlier, to $168.864 million, the company reported Wednesday. In part, the result reflects the separation of the US video business in the third quarter of 2021 and the impacts of other divested businesses. At the same time, these
Coca-Cola FEMSA announced the construction of a new recycling plant in Mexico, with an investment of 60 million dollars. The new recycling plant is a joint project between ALPLA and Coca-Cola FEMSA to promote the circular economy in the South and Southeast regions of Mexico. Likewise, the recycling
Global air freight tonne-kilometres (CTK) growth recovered in December, to 8.9% above December 2019, from 3.9% in November, IATA reported. Overall, in 2021, air cargo volumes were up 18.7% year over year, the second-best annual performance since our series began in 1990 (after 2010). At the same time,