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Consumption will remain China's key growth driver

Location:

CHINA

Officials announced science and technology innovation as the top priority for 2024. The overall tone was supportive of economic growth, with announcements including backing for…

Solutions struggle to cut EU small-firm funding woes

Location:

EU

This financing gap -- between what SMEs require to meet expansion targets and what they can raise from internal or external sources -- has been estimated at 1.1-2.2% of GDP…

New Brazil industrial plan will face uncertainties

Location:

BRAZIL

The plan covers six priority areas: agro-industry, health, infrastructure and mobility, digital transformation, bio-economy and defence. Most of the BRL300bn (USD60bn) in…

Balkan IT talent will draw more international interest

Location:

BALKANS

AI start-ups and companies founded in the last few years in South-eastern Europe are now starting to reveal their potential. However, factors such as the brain drain and the…

China’s economic targets will get trickier to achieve

Location:

CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

New Czech export strategy will focus on innovation

Location:

EASTERN EUROPE

The policy, aimed at bolstering economic resilience and global competitiveness, and forging new national champions, sets Czechia apart from Hungary, Slovakia and Poland, the rest…

Compromises extend G20 cooperation amid little success

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INTERNATIONAL

The compromises made by the leading players on issues such as the Ukraine war may be enough to sustain the future of the G20 as a top forum for international economic cooperation…

Climate adaptation action to strengthen globally

Location:

INTERNATIONAL

This is likely to be the first indicator of a push to drive adaptation up the political agenda in 2024.

Crypto rules diverge across developing Asia

Location:

ASIA

Most Asian states recognise the benefits of cryptocurrency adoption, such as low transaction costs for remittances and the introduction of blockchain technology into public…

Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…