News from World

tag: Stime

22 March 2023

Taiwan’s Economy Is Breaking Away From China’s

According to Taiwan’s Investment Commission, Taiwanese realized investment in China has plummeted, from U.S. $9 billion in 2017 to just U.S. $1.7 billion in 2022. As a consequence, China’s importance in Taiwan’s total outward foreign direct investment has diminished whereas other countries’ weight has increased.

23 February 2023

Market for substitutes for materials of animal origin

Investments in next generation materials to replace animal-based products in fashion, and other industries, fell by more than 50 per cent last year, according to a new report from the Material Innovation Initiative (MII). [Investments 'halved' in next gen materials - Ecotextile News]

28 January 2023

The funds' growing financing of African debt is boosting investment in manufacturing assets

African startups have seen a big jump in venture funding through debt financing as opposed to traditional equity tools. Venture capital debt funding to African startups doubled to $1.5 billion across 71 deals in 2022, according to the latest funding report by Partech, a Paris-based startup investor. [Debt funding is on the rise at African startups - Semafor]

12 January 2023

Changing value chains with new types of tariff barriers

A South Korean group will invest $2.5 billion in solar manufacturing in the U.S. state of Georgia, to take advantage of tax incentives under the recently passed Inflation Reduction Act. The facilities could provide nearly a fifth of U.S. solar demand. The legislation has “changed the economics of clean-energy investment,” The Wall Street Journal wrote

04 January 2023

The new energy map

Russia is expanding its gas pipeline to China, and the United States received its first Venezuelan oil exports in four years. Meanwhile, a hastily built terminal in Germany accepted its first shipment of U.S. gas. The Ukraine war has reshaped the global energy map, forcing Moscow to look east as Europe increasingly refuses its exports, and Washington to revive troubled relations with Caracas. Still, this energy diplomacy may have a short shelf life. Given China’s rapid investment in renewable energy, and the years-long build time of new gas pipelines, it may be that Moscow’s investment doesn’t pay off for long.

19 December 2022

Beijing refocuses on economy

China will shift focus to boosting growth after years of COVID-19 restrictions. In particular, “expanding domestic demand” will play a significant role, the Center for China and Globalization, a Beijing-based think tank, said. The shift comes with much of China grappling with what appears to be a brutal COVID-19 surge: Though the authorities have acknowledged few fatalities, major cities’ health care facilities and morgues appear overwhelmed. [Full text & analysis: Central Economic Work Conference 2022- pekingnology.com]

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