The global economy has witnessed a sustained period of resilient growth as it enters the second half of 2024. Real GDP growth in advanced economies is expected to stay at 1.6% in 2024 and 1.7% in 2025, around the same level as in 2023. What is the export performance of top global economies? Let’s discuss […]
The USA and China, are the largest economies in the world with a bilateral trade value of more than $500 billion in 2023. With their immense potential for manufacturing processes, they dominate the global export market, benefitting the export and import businesses globally. However, this billion-dollar trade has been strained in the last few years […]
China and Russia are likely to discuss the agenda of de-dollarization in BRICS 2024 as both countries have agreed to use local currencies up to $260 billion. To counter the plan of two influential BRICS members in favor of de-dollarization, the United States is playing the sanctions card against China and Russia. What will be […]
The European Union (EU), the world’s largest trading block consisting of 27 countries, and China, the world’s 2nd largest economy with a global manufacturing powerhouse, are failing on the economic front to sustain bilateral trade for both export and import businesses. China and the EU dominated the export market worldwide, with more than 17% and […]
The G20 Summit spotlighted India’s trade discussions with the United States, China, and European countries. The U.S. and the European Union signed an agreement with India to strengthen trade through building rail and sea routes. In 2022, India’s trade with the United States totaled USD 131 billion, with China totaled USD 117 billion, and with […]
China’s trade has increased significantly over the past years, especially after the pandemic-ridden time in 2020. Amidst the different dynamics of the global economy and multilateral trade, various factors have contributed to a high rise in China’s trade values. The global trade activities rebounded in 2021, followed by the increased production of electronics, automobiles, and […]
Main Points: According to a report, an estimated 21% of all global trade was transited through the South China Sea in 2016. Territorially, there are seven claimants to the South China Sea – Brunei, China, Indonesia, Malaysia, the Philippines, Taiwan, and Vietnam. But to whom does the South China Sea matter most? According to market […]
Australia- China relations have long been marked by fundamental tension. Economically, the two sides have been increasingly intertwined, with Australia providing many of the commodities on which China’s industry relies. From 2011 to 2021, Australia’s exports to China have been constantly rising, despite the Covid-19 pandemic & trade tensions developing between them in 2020. In […]
The agricultural industry in China contributes to about 18 of the whole world’s cereal grains. It has the largest number of the total output of products, but the cultivation of crops is a lot less than what China output. China uses only 10% of its total area for the crops’ cultivation. China is the biggest […]
Infant beds and toddler beds (commonly called ‘baby beds’) are some of the most demanding commodities for households with newborns and infants. There are different options for infant and toddler beds including cradles, cribs, bassinet, etc. Baby carriages are vehicle-form baby bed that is remote in nature. The demand for the cradles has risen more […]
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