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China Export Growth To BRI Countries Booms Since 2012

UncategorizedMay 25, 2023977Views 0Likes 0Comments

In 2013 China’s Belt and Road Initiative (BRI) was launched by President Xi Jinping with a goal of increasing economic prosperity by improving China’s global connectivity. As of March 2022, there were 147 countries (1) participating in the BRI with China. As we approach the 10th anniversary, what is the impact on China trade as…

China Goes To Europe

UncategorizedMay 12, 2023789Views 0Likes 0Comments

There’s so much focus on the U.S.-China trade relationship and its frequent fireworks that it’s often forgotten that the European Union, still the world’s preeminent free-trade alliance, with 447 million consumers, is the better customer. In April, exports to the European Union increased 4.1% year-on-year to $44.7 billion, while exports to the U.S. dropped 6.2%…

Why China Is Hiking Imports From Latin America

UncategorizedMarch 10, 2023731Views 0Likes 0Comments

The global economy is being rewired by shifting geopolitics, changes in high-tech and renewable supply chains, and lower consumer demand in the U.S. and European Union. One major consequence of these changes: a slip in trade with China, the world’s top exporter, and number two importer, of goods and commodities. On Tuesday, China reported total…

China Hikes Trade With Russia As Exports Fall

UncategorizedJanuary 23, 2023825Views 0Likes 0Comments

The global economy is sputtering, chipping away at China’s mighty export machine and prompting Beijing to build a stronger trading relationship with Moscow even as Russia faces trade sanctions with the U.S. and European Union. Chinese exports in December declined 9.9% year-on-year to $306 billion. “China’s foreign trade and exports showed strong resilience in the…

South America Commodities Bumped by Global Slowdown

UncategorizedNovember 17, 2022754Views 0Likes 0Comments

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…

Chinese Exports Fall as Global Economy Cools

UncategorizedNovember 11, 2022779Views 0Likes 0Comments

For the first time in over two years, China’s monthly exports fell year-on-year as the global economy cooled off. As the world’s top export power, China is bearing the consequences of higher inflation in the U.S. and European Union, rising interest rates, lower economic growth, and the end of stimulus payments. In addition, Beijing has…