India Review 2022 – Our annual recap of key market developmentWhile major global economies are staring at a possible recession, India’s economy has exhibited resilience and has grown to emerge as the 5th largest economy. Post a sharp decline in 2020 and a technical rebound in 2021, the Indian economy is expected to grow at 6.8% in 2022 – which would be faster than most emerging economies.2022 India has attracted the attention of all major global investors and industries with the following facts: strong economic fundamentals, well balanced trade relations, cost-effective workforce and most importantly an established manufacturing and service …
China Trade 2022 – Mutual Dependency instead of Decoupling
China Trade 2022 – Mutual Dependency instead of DecouplingDespite fundamental changes in the relationship of China with the rest of the world, there is a very different sentiment when it comes to consumption patterns and purchase decisions. In 2021, China traded more with the rest of the world than ever before. We shed light on some key attention points.Six trillion USD in export and import value shows that China remains deeply connected with the global economy. Pushed by demand from the EU and US, the country recorded its biggest trade surplus to date. Consumers in both Europe and North America …