Amid a summer of dwindling Consumer Price Index (CPI), China confronts growing fears of economic downturn. This affects not just consumers but also businesses trying to stay afloat. For instance, Xiu Ying recently cut the price of her Beijing apartment, blaming weaker demand on economic uncertainty. Previously a pillar of China’s economic growth, the real […]
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Russian companies are increasingly turning to Hong Kong for dispute arbitration services and adopting Hong Kong’s governing law in commercial contracts, writes Nikkei in its latest report. This shift is due to sanctions imposed on Russia over the Ukraine war, limiting access to Western courts, including London’s common law legal system that Russian companies traditionally […]
The Toughest Latin American Markets for New Businesses
Starting a business in Latin America can be very challenging. TMF Group’s annual report highlights this issue. Five Latin American countries rank among the ten most complex markets for setting up businesses. The latest Global Business Complexity Index (GBCI) reveals why. The report shows 22% of experts believe regulation hinders global investment. In South America, […]