Don’t let anybody tell you that globalization is dying—at least, not yet.
Global trade economists obsess over consumer demand and rising protectionism in the U.S. and Europe, but this week’s release of Chinese trade statistics shows that other markets might soon be catching up in relevance.
The Promise of Other Markets
China’s exports to Latin…
It’s not been an easy time for international trade, as a recent report co-authored by Trade Data Monitor and the World Intellectual Property Organization found.
High-tech exports are set to decline by 4 percent in 2023, according to the TDM/WIPO analysis. Global and high-tech trade have soared and sunk like rollercoasters since 2019. After…
It’s not an easy time for global trade--the roughly $25 trillion piece of the $105 trillion world economy. Protectionism is roaring in the U.S. and Europe, causing geopolitical tension with China. Inflation across most of the world has shrunk consumers’ wallets and imports, while deflation in China is also scaring businesses. Asian supply chains are…
As the global economy slows, it's denting global trade and hurting economies in farflung places. The World Trade Organization now expects global trade to grow at 1% next year instead of 3.4%. One of the regions most impacted will be South America, where trade will increase only 0.3% in 2023, according to the WTO.
South…