The impact and recovery of Covid-19 in European air transport will be worse than in other regions, the International Air Transport Association (IATA) projected. This indicates a further deterioration in income, job prospects and economic activity in air transport across the continent. The health crisis caused by Covid-19
Exports of medical devices from China totaled 16,522.4 million dollars from January to November 2020, a 42.5% increase year-on-year, reported the General Administration of Customs of that country. These products include: defibrillator, stethoscope, stethoscope, X-ray equipment, electrocardiograph, surgical instruments, sterilizer, surgical implant, pacemaker, glucometer and IVD (in vitro
China reduced the share of its exports of goods and services in its GDP from 36% in 2006 to 18.4% in 2019, highlighted an analysis by the European Parliament. Consequently China is now less dependent on exports. However, in 2018, China’s final consumption expenditure as a percentage of
The peso closed the week with a depreciation of 1.89% or 37.3 cents, trading around 20.14 pesos per dollar, being the biggest weekly drop since the week ended September 25, when the peso depreciated 5.70 percent. During the week, the exchange rate touched a minimum of 19.7006 and
The United States imposed countervailing duties on imports of certain metal lockers and their parts originating in China. The Commerce Department (DOC) announced an affirmative preliminary determination in the countervailing duty investigation of these products, after concluding that Chinese exporters received countervailing subsidies at rates ranging from 36.83
The beginning of the imposition of countervailing duties in the world grew 78.1% year-on-year during the period from mid-October 2019 to mid-October 2020. Countervailing duties are applied to goods imported under conditions of subsidy discrimination (subsidies) in their country of origin. The World Trade Organization (WTO) reported that