China's R&D investment as a percentage of GDP has significantly increased, and American companies are eager to participate in China's technological innovation, said Allen. An Aug. 1 article in The Economist noted that while Western countries are turning toward protectionism, Chinese firms are growin...
According to the 'World Trade statistical review' 2018, global merchandise trade has its strongest growth in the last 6 years. For example - the ratio...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our exp...
In 2023, Mexico became the United States’ largest goods trade partner.1 Vietnam’s trade with China and the United States has been surging.2 European economies’ energy imports shifted dramatically away from Russia, while imports of some products from China, such as electric vehicles, boomed.3...
A 5.8 percent growth of imports and exports in the first four months is 1 percentage point higher than the growth rate of the first quarter of this year, which was 4.8 percent. As global economic growth is "somehow currently stagnant," Ding Yifan, senior follow at the Taihe Institu...
Trade openness (TOP), expressed as a percentage of GDP, is our final control variable. Though recent literature is largely inconclusive about the effects of TOP on CO2emissions69, two main findings—positive and negative impacts—are evident. The study incorporates TOP into the analysis to avoid...
There are plenty of positives, such as strong growth in services, GDP growth in several surveyed economies, and stability across multiple indicators, including unemployment. However, this is juxtaposed with a subdued manufacturing environment, a decline in global trade flo...
Our economists expect China’s GDP growth to slow to 4.8% in 2024 as the boost from post-covid reopening fades, but partly offset by a slightly smaller housing drag, a modest rebound in global trade, and additional policy easing.The world’s second-largest economy still...
The IMF chief economist also reiterated the cost of geo-economic fragmentation, noting that IMF research shows costs could range from 3 to 7 percent of world GDP, with emerging and developing countries to be the most adversely affected by trade distorting measures. ...
Then, the two countries agreed to a "phase one" deal right at the end of the year. The U.S. economy suffered a lot from trade battles, as the Federal Reserve's beige book cited the challenges, including how American manufacturers have been suffering from higher prices ...
The IMF chief economist also reiterated the cost of geo-economic fragmentation, noting that IMF research shows costs could range from 3 to 7 percent of world GDP, with emerging and developing countries to be the most adversely affected by trade distorting measures. ...