China seeks to protect many national industries through a restrictive regime on investments in services and other sectors, the United States Trade Representative (USTR) reported Thursday. China’s latest version of its Foreign Investment Negative List, which came into force in January 2022, leaves significant restrictions on investment in
World exports of goods experienced a slight rebound at the turn of the year, while the recovery in services exports was slowed by the expansion of the Omicron variant, the European Central Bank (ECB) said. After a significant contraction in the third quarter of 2021, non-euro area goods
In recent years, the Chinese government has de-emphasized the importance of the GDP target, choosing not to set a numerical growth target for the 14th Five-Year Plan (2021-2025). For now, the Chinese government announced only a conservative GDP target of “at least 6%” for 2021. According to Coface,
The United States Trade Representative (USTR) has identified nine counterfeit and piracy markets in China in a new report. Overall, China continues to be the number one source of counterfeit goods in the world. Counterfeit and pirated goods from China, together with goods transshipped from China to Hong
As a further consequence of the strong recovery and the current imbalance between supply and demand, commodity prices soared in 2021 and are still high. The prices of many raw materials, which have broken records or reached multi-year highs, continue to rise today. «This is the case of
Despite the less favorable financial conditions, the expansion of productive capacity to face supply difficulties will promote investment in the United States, projected the credit insurer Coface. The investment will also begin to be supported by the infrastructure plan enacted in November 2021. Aiming primarily at transportation infrastructure,