Brazil, India and Mexico are taking on China’s exports
To avoid an economic shock, they are pursuing a strange mix of free trade and protectionism
At last, it seemed time for a manufacturing take-off. Having struggled to compete with China’s industrial might, other emerging markets stood ready to benefit as their rival’s labour costs surged and rising tensions between it and the West pushed firms to look for new factory locations. Last year foreign direct investment into China fell to a 30-year low.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “Quite a shock”
Finance & economics May 25th 2024
- Can the rich world escape its baby crisis?
- Brazil, India and Mexico are taking on China’s exports
- How the Chinese state aims to calm the property market
- At long last, Europe’s economy is starting to grow
- Boaz v BlackRock: Whoever wins, closed-end funds lose
- Shrinking populations mean less growth and a more fractious world
From the May 25th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful