Top Handicraft Exporters

China economy: Becoming the next China won’t blunt India’s 2023 slowdown

It’s not immediately obvious that the global slowdown has also arrived in India: Investments in factories, roads, and other fixed assets are just shy of 35% of domestic output; they haven’t been this high in 10 years. Loan demand is growing so fast that deposits can’t keep up. What’s driving India’s animal spirits amid a …

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trade: Geopolitical rivalries are transforming the contours of trade

Reports of the death of globalization are looking greatly exaggerated. Yes, a US-China trade war, a global pandemic, Brexit and Russia’s war in Ukraine have rattled the once-entrenched ways that the world’s largest economies trade with each other. Such events are beginning to transform supply chains in important ways. But trade experts also warn that …

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global economy: Charting the Global Economy: Inflation eases from US to Europe

Inflation around the world is finally coming off the boil, but that’s providing only some comfort to global central bankers who view price pressures as remaining far too intense. In the US, so-called core inflation, which excludes food and energy prices, rose a below-forecast 0.2% in October from a month earlier. Euro-zone annual inflation slowed …

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factory: Cooling demand squeezes factory activity in Europe, Asia

Factories in Europe and Asia struggled in November due to weakening global demand, with the pressure unlikely to let up in the months ahead. Business surveys by S&P Global on Thursday pointed to shrinking activity and a dire outlook in wide parts of both regions. Asian manufacturers are bracing for a further pullback in spending …

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Chinese machines: CEOs will have to reckon with Chinese machines

Caterpillar Inc. should be worried: China’s machines are coming for the pole position of a company considered an economic bellwether. As a deflated real-estate sector and Covid-Zero strategy destroy demand, the country’s biggest construction-machinery makers — unfazed by the uncertainty — are looking for greener pastures. They are exporting heaps of excavators and diggers, encroaching …

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china: Asia’s factory activity shrinks as China lockdown impact widens

TOKYO: Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China’s strict COVID-19 lockdowns weighed on business sentiment, private surveys showed on Thursday. The results highlighted Asia’s darkening economic outlook for 2023, as the lockdowns disrupt international supply and heighten fears of a further slump in …

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semiconductor: Taiwan warns of hit to its exports from US chip restrictions

Taiwan’s semiconductor industry may be impacted by recent US moves to reduce reliance on the island’s leading-edge technology, according to a Taiwanese economic official. A recently passed US semiconductor law, along with a similar proposal in Europe, “could directly and indirectly affect exports of crucial industries in Taiwan,” said Tsai Yu-tai, head of statistics for …

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