Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
China’s economic growth rate is slowing, but it remains an important market for US exports. In 2016, US goods exports to China totaled $113 billion, holding steady with the previous year and still the third-largest US goods export market behind Canada and Mexico, our neighbors and NAFTA partners.
China’s taste for wine is growing rapidly. A number of opportunities are presented for both online and offline wine importers. The supply and demand side trends, as well as key considerations for the differing distribution channels and challenges in the market, are all aspects that should be considered by potential entrants.
The upcoming 19th National Party Congress in China is expected to mark the beginning of President Xi Jinping’s second, five-year term as China’s top leader and set in motion a series of changes to senior positions within the party and government.
Asian economies are grappling with ageing populations, which place government finances under strain while putting pressure on individual savings as an additional source of income in retirement. The impact is felt more in developed countries, which are at a more advanced stage of the demographic transition. Across the region there is growing macroeconomic pressure brought on by volatility in global financial markets and the sluggish pace of economic growth.As a result, many employees in Asia look ahead and see trouble on the horizon.
