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EU supply chain law faces major obstacles in Germany

Location:

EU/GERMANY

The vote was lost following Germany’s decision to oppose the directive, which encouraged others to abstain. There are only a few weeks left for the Council to vote again on the…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

AI use in the fashion industry will proliferate

Location:

INT

Firms in this sector are deploying AI in functions as diverse as consumer behaviour analysis and product development to supply chain management and marketing. The fashion industry…

EU tech controls on China will not toe US line

Location:

EU

This has led the EU to adopt tools and risk assessments for controlling China’s access to European ‘critical technologies’. These moves are driven by sectional European…

China’s exports will recover but trade sanctions loom

Location:

CHINA

Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…

US trade exposure to China will remain high

Location:

CHINA/UNITED STATES

In January-November, imports of Chinese goods dropped more than 20% year-on-year. China’s share of total US imports plunged to 13.9% from 16.7% in the same period in 2022, while…

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…

China’s economic model will evolve

Location:

CHINA

President Xi Jinping first used the concept on an inspection visit in Heilongjiang province in September 2023. The NPF concept recognises that China's existing growth model cannot…

South Korea will regain growth momentum

Location:

SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

East Africa wind power will expand despite challenges

Location:

EAST AFRICA

With an installed capacity of 310 megawatts, LTWP is Africa’s largest operational wind farm. However, despite its potential, wind power remains a small part of East Africa’s…