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Peru cabinet reshuffle will bring little policy change

Location:

PERU

Boluarte has reshuffled some key cabinet posts, including the portfolios of defence, economy and finance, and energy and mines. The main purpose of the changes is to shore up…

New term to bring new issues for El Salvador’s Bukele

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EL SALVADOR

However, problems with the count have delayed an official result. Bukele, who has already served nearly a full term as president, circumvented a constitutional ban on re-election…

Foreign firms' influx will accelerate Saudi change

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SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…

China will keep treating private firms with disfavour

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CHINA

The NPC Standing Committee that same week expanded the State Secrets Law. Information clampdowns denting business confidence undermine efforts to boost the private sector and…

Algeria's energy sector will grow

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ALGERIA

The energy sector underperforms its potential owing to chronic leadership instability, endemic corruption and stifling bureaucracy. Despite this, Algeria has experienced a…

China’s AI chip industry will grow but still lag

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CHINA

China is working hard to boost its domestic AI chip industry in response to US restrictions. The support significantly impacts the development of its entire AI sector, the…

Russia's overheating economy will cool

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RUSSIA

Soaring government spending, driven by the war in Ukraine, has pushed economic activity beyond levels many thought possible given the available supply of labour and capital. Yet…

China’s defence spending will remain stable

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CHINA

Defence spending will account for 1.2% of GDP in 2024, having remained stable at around this figure for at least the past two decades. Nevertheless, outside estimates of China’s…

China’s domestic activity will slow modestly in 2024

Location:

CHINA

Private consumption contributed 4.3 percentage points (pps) to 2023 GDP growth, while fixed investment contributed 1.5pps and net trade subtracted 0.6pps as export volumes fell…

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…