The World Trade Organisation revises global trade growth forecast downwards due to geopolitical tensions and policy uncertainty. Read more »
As supply chains adapt to a changing landscape, the path to a resilient and inclusive global trade system comes into focus, says WTO's October 2023 report. #wto #wtoreport #worldtrade Read more »
Biggest contributors to exports growth are labour-intensive sectors such as engineering goods, rice and marine products. Read more »
The Chinese economy has made major strides in industrial and technological spheres, but its ascent to the top of the economic ladder is fraught with several economic and social challenges. Read more »
The government launched the PLI scheme to make Indian manufacturers globally competitive by creating economies of scale and making India a part of the global value chains. Read more »
Global trade is getting disrupted by technologies such as AI, automation, robotics, and 3D printing. Read more »
Given the level of Chinese investments in ASEAN nations, the government should analyse firm-level customs data to monitor non-ASEAN firms using the PTA route. Read more »
Investment in R&D, facilitating policy atmosphere, skill development, and supporting marketing mechanisms can foster growth in the capital goods sector. Read more »
India needs to address several problems with its policy and judiciary to convince foreign companies that it is a reliable destination for their investment. Read more »
Ageing population, mistrust among nations will check Chinese ambitions for world domination, leadership. Read more »