#china

GTDW FDI Trade & Supply Chain Digitalisation News

2 days ago
2 min

Vietnam Fights For Foreign Investors

Foreign direct investment in Vietnam continues to increase, rising from US$11.57 billion in July to US$12.8 billion in August 2022, signalling the country’s recovery from COVID-19. The growth is partly due to Hanoi’s consistent efforts to provide a safe and welcoming environment for foreign business through Special Economic Zones (SEZs) — ensuring companies have access to a local workforce in favourable conditions. There is a new impetus to invest in Vietnam due to the disrup

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GTDW FDI Trade & Supply Chain Digitalisation News

5 days ago
2 min

ADB: For First Time In 30 Years, Asia’s Developing Economies Set To Grow Faster Than China’s

In a press briefing this week, Asian Development Bank Chief Economist Albert Park dropped something of a geopolitical bombshell: China is growing slower than Asia’s developing economies for the first time in more than three decades. - Asian Development Bank now sees growth among emerging Asian economies of 4.3% in 2022 and 4.9% in 2023. - ADB expects the rest of developing Asia excluding China to grow by 5.3% in both 2022 and 2023, while it now expects China to grow by 3.3% i

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ADB: Greater ASEAN-China Economic Cooperation Further Promotes Peace, Stability in Region

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 22
1 min

ADB: Greater ASEAN-China Economic Cooperation Further Promotes Peace, Stability in Region

ASEAN-China economic cooperation will further promote peace, stability in the Asia-Pacific region, and provide a buffer for the region to withstand possible global shocks in the future. China is an important trade partner of the Association of Southeast Asian Nations (ASEAN), and greater ASEAN-China economic cooperation could further promote peace and stability in region, Asian Development Bank (ADB) country director for Cambodia Jyotsana Varma said Wednesday. As the global e

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GTDW FDI Trade & Supply Chain Digitalisation News

Sep 7
1 min

China FDI falls to new low

Greenfield foreign direct investment (FDI) into China has fallen to a new record low in the first half of 2022 amid geopolitical tensions, draconian zero-Covid measures and the country’s structural transition to an economy driven by domestic demand. Foreign investors in China have announced 110 projects worth $6.2bn in the first six months of the year, which stands at about half the level of investment recorded in the first half of 2021 and 2020, both in terms of project numb

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How Inflation is Distorting Global Trade Flows

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 5
2 min

How Inflation is Distorting Global Trade Flows

China reported robust trade flows for July 2022. Overall, shipments from the world’s second-largest economy and top exporter rose 18% year on year to $333 billion. That was the fastest pace of the year, and beat analysts’ predictions of around 15%, but it’s largely due to rising prices for commodities from coal to soybeans, according to an analysis by Trade Data Monitor, the world’s premier source of trade statistics. That is sure to heave repercussions throughout the global

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Apple suppliers to make Apple Watch and MacBook in Vietnam

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 19
1 min

Apple suppliers to make Apple Watch and MacBook in Vietnam

Apple Inc's suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple's Chinese supplier Luxshare Precision Industry and Taiwan-based Foxconn have started test production of Apple Watch in northern Vietnam, the report added. Apple has asked suppliers to set up a test production line in Vietnam for the MacBook, the report said, adding that progress in moving mass produ

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2023 Investment Opportunities in Malaysia

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 16
1 min

2023 Investment Opportunities in Malaysia

China remains Malaysia’s largest foreign investor in the manufacturing sector and has been since 2016, in addition to being Malaysia’s largest trading partner since 2009. China accounted for 18.6% of Malaysia’s total trade in 2020, while Malaysian exports to China recorded a new high in 2020, expanding by 11.1 percent to US$37.77 billion. Bilateral trade reached US$176.8 billion in 2021. Renowned Chinese companies Huawei Technologies Co Ltd, Longi Solar Technology Co Ltd, Jin

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China posts record $101 billion trade surplus but export boom could fade

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 10
1 min

China posts record $101 billion trade surplus but export boom could fade

China's export sector delivered robust growth in July, providing much-need support for the world's second largest economy that is almost certain to miss its GDP target this year. Exports measured in US dollars jumped 18% in July from a year ago, marking the fastest pace of growth this year, according to Chinese customs statistics released on Sunday. Analysts polled by Reuters had forecast a 15% increase. In June, exports increased 17.9%. Imports, meanwhile, grew 2.3% from a y

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GTDW FDI Trade & Supply Chain Digitalisation News

Aug 9
1 min

The Trade War Within China

Local protectionism is pernicious and persistent Although many are embarrassed to admit it, foreign correspondents learn a lot from taxi drivers. In China economic correspondents can also learn a lot from the taxis themselves. Most cabs in Beijing are Hyundai Elantras. In Shanghai they are often the Volkswagen Touran or Passat. And in Wuhan they are commonly Citroën Elysées. In each case, the explanation is the same. These foreign brands have joint ventures with local state-o

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Amid Industrial Headwinds, China Records First Ever Auto Trade Surplus

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 2
3 min

Amid Industrial Headwinds, China Records First Ever Auto Trade Surplus

As the global economy recovers fully from the Covid-19 pandemic, the Chinese industrial sector appears to be facing headwinds, according to an analysis by Trade Data Monitor, the world’s premier source of trade statistics. China’s exports grew by 17.9% year-on-year to $331.3 billion, beating analyst expectations. Imports, however, increased by only 1% in June from a year earlier to $233.3 billion, below predictions of around 3%, and suggesting that Chinese factories are cutti

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FDI In Semiconductors: Where Are Companies Investing?

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 26
1 min

FDI In Semiconductors: Where Are Companies Investing?

China will become the world’s leading semiconductor superpower on the basis of its growing domestic demand for the chips, according to GlobalData thematic research. The semiconductor industry will double in size to more than $1trn by 2030, and China will account for approximately 60% of that growth, according to the Semiconductor Industry Association and Boston Consulting Group. However, China’s long-standing ambition to become the leader of the Fourth Industrial Revolution m

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The countries that punch above their weight when it comes to foreign direct investment

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 21
1 min

The countries that punch above their weight when it comes to foreign direct investment

Regional spotlight: Asia-Pacific - Singapore is the leading country within Asia-Pacific, ranking 12th in the index with a score of 4.9. New Zealand and Cambodia are also placed within the top 25, scoring 3.31 and 3.26, respectively. Ten of the 18 Asia-Pacific countries analysed in the index have a score above one. China, Bangladesh and Japan are the lowest-performing nations overall. The largest economies are underperforming China and the US are ranked towards the bottom of t

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Tech Factories Latest To Leave China For SE Asia

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 18
1 min

Tech Factories Latest To Leave China For SE Asia

A decade-long shift of labor-intensive manufacturers from China to Southeast Asian countries has been accelerated by the strict lockdown measures in Chinese cities between March and May, according to evidence cited by many analysts and various news reports. The latest manufacturers to succumb to the temptation to lower their wage and other costs by moving are primarily from the tech sector, which had not been strongly affected earlier when garment makers and other lower-end m

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Are Asian Consumers Rescuing Chinese Exports?

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 24
3 min

Are Asian Consumers Rescuing Chinese Exports?

The latest trade insights from John W Miller, Chief Economic Analyst, Trade Data Monitor; Chinese exports recovered in May, boosted by a tapering off of antivirus restrictions and higher prices in the U.S. and Europe. Overall, Chinese exports rose 16.9% year-on-year to $308.3 billion, after increasing only 3.9% in April. Monthly imports increased 4.1% to $229.5 billion, over the 0.0% figure for April. The performance beat analysts’ expectations for May. With the Covid restric

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These ports are causing the most congestion in the global supply chain, new CNBC charts show

GTDW FDI Trade & Supply Chain Digitalisation News

May 26
1 min

These ports are causing the most congestion in the global supply chain, new CNBC charts show

The drop in Shanghai's port productivity, which is driven by to the lack of people working due to Covid lockdowns, can be seen in the container wait time at the port, according to CNBC's new Supply Chain Heat Map. "In Shanghai, ocean terminals, warehouses, and trucking services are operating as normal but with lower efficiency due to staff shortages and lack of drivers," said Brian Bourke, chief growth officer of SEKO Logistics. CNBC's Supply Chain Heat Map is a new data tool

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GTDW FDI Trade & Supply Chain Digitalisation News

May 25
1 min

Mapped: GDP Growth by Country in 2021

The global economy faced numerous challenges in 2021. While COVID-19 vaccinations became more widely available in some countries, variants led to further waves in the pandemic. While consumer demand began to recover, supply chain disruptions restricted supply. Despite these and other hurdles, the world economy expanded by 6.1% in 2021. In this Markets in a Minute from New York Life Investments, we explore GDP growth by country to see which countries had the best and worst gro

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Biden Unveils Indo-Pacific Trade Framework, Accounting For 40% Of The World's GDP

GTDW FDI Trade & Supply Chain Digitalisation News

May 23
2 min

Biden Unveils Indo-Pacific Trade Framework, Accounting For 40% Of The World's GDP

The U.S. government has announced that its new economic grouping for the Indo-Pacific will begin with 13 inaugural members, accounting for about 40% of the world's gross domestic product. US President Joe Biden on Monday announced the launch of a new Asia-Pacific trading network during a visit to Japan. The framework, which includes an initial 13 countries, including India and Japan, has been touted as a counterweight to China's aggressive expansion in the region. "The United

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Visualizing China’s $18 Trillion Economy in One Chart

GTDW FDI Trade & Supply Chain Digitalisation News

May 20
1 min

Visualizing China’s $18 Trillion Economy in One Chart

China is the world’s second largest economy after the U.S., and it is expected to eventually climb into the number one position in the coming decades. While China’s economy has had a much rockier start this year due to zero-tolerance COVID-19 lockdowns and supply chain issues, our visualization covers a full year of data for 2021⁠—a year in which most economies recovered after the initial chaos of the pandemic. In 2021, China’s Gross Domestic Product (GDP) reached ¥114 trilli

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The 50 Minerals Critical to U.S. Security

GTDW FDI Trade & Supply Chain Digitalisation News

May 18
1 min

The 50 Minerals Critical to U.S. Security

With China controlling the supply chains for many critical minerals this has now become a matter of policy concern for major economies given the vulnerability of supply chains through protectionism and control of the mining and associated processes to drive industry 4.0 and advanced manufacturing industries associated with economic growth. The American green economy will rely on renewable sources of energy like wind and solar, along with the electrification of transportation.

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OFFICIAL TRADE DATA: Global Trade Slows as Economies Adjust to Life After Stimulus

GTDW FDI Trade & Supply Chain Digitalisation News

May 18
3 min

OFFICIAL TRADE DATA: Global Trade Slows as Economies Adjust to Life After Stimulus

By John W Miller, Chief Economic Analyst, Trade Data Monitor; The global economy avoided a meltdown 2020-2022 due to the Covid-19 pandemic because governments around the world, led by the U.S., printed trillions of dollars for their own citizens, oiling consumer demand and goosing merchandise trade around the world. That steroid is now wearing off, as consumers have spent most of the money they were given, and because their spending fueled inflation, making it harder to buy a

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