Brazilian Industry Challenges U.S. Steel Tariffs Amid Economic Strain
Brazilian manufacturers, including SMEs contributing half the industrial GDP, resist new U.S. tariffs on steel and aluminum, highlighting economic tensions.
Manufacturing Sector
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China’s Economy Defies Skepticism as IMF Boosts Growth Forecast
Despite skepticism, the IMF has raised China’s 2024 growth forecast to 5%, citing strong consumption and exports. With China lifting all foreign investment limits in manufacturing, can its growth momentum be sustained?
Global Financial Institutions Express Optimism in China’s Economic Growth
Overseas financial institutions are confident in China’s economic prospects as high-quality growth efforts yield results, with GDP expanding by 5% and significant advances in high-tech industries.