Global trade

European bloc faces a trade deficit of more than 360 billion euros with Beijing in 2026

Beijing’s agreement to curb hybrid car imports into Europe is a calculated compromise to preserve access

For 2027, the WTO sees goods trade increasing 4.1% and services 6.4%

A successful negotiation will show the US that there is a path beyond protectionism

Trade agreements are only useful if businesses use them to enter new markets and forge new partnerships, he says

By 2031, digital acceleration could add US$2.8 trillion to international trade each year, the bank says

The Republic cannot compete with neighbours on cost, but is ‘value for money’, says the minister

The path lies somewhere between decoupling from China and pursuing global integration

The gains would be in direct investment flows and passenger, cargo transfers, for instance