The global industry is cutting some ties to China, but its exposure to forced labor remains high and companies are less transparent, a new report found.
Category: International Trade and World Market
A Strong Peso Gives Mexicans Working Abroad Less Bang for Their Buck
The peso’s soaring value means the money that Mexicans in the United States send home doesn’t go as far as it used to.
Uruguay Saw Opportunity in China. It Got Schooled in the Hazards of Trade.
Uruguay’s pursuit of a trade deal with China has angered its powerful neighbors while failing to yield economic gains.
Janet Yellen’s Trip to China: No Breakthroughs But 10 Hours of Talks
Treasury Secretary Janet Yellen, after 10 hours of meetings with Chinese officials, said the two sides would pursue “more frequent communication” despite their deep differences.
The U.S.-China Rivalry Is Complicating the World’s Debt Crisis
Suriname, a tiny nation ravaged by recession, inflation and impossible debts, saw its relief held up by superpower politics. It won’t be the only country.
China’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
Policymakers and investors expected China’s economy to rev up again after Beijing abruptly dropped Covid precautions, but recent data shows alarming signs of a slowdown.
Why What We Thought About the Global Economy Is No Longer True
While the world’s eyes were on the pandemic, the war in Ukraine and China, the paths to prosperity and shared interests have grown murkier.
U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
The continued growth in the fourth quarter showed the resilience of consumers and businesses in the face of rising inflation and interest rates.
The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.
Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
How a Texas Border City Is Shaping the Future of Global Trade
Laredo, across from Mexico on the Rio Grande, is primed to become one of the world’s most important land ports as American companies reduce their reliance on factories in Asia.