White House advisor Peter Navarro is discounting the optimism surrounding U.S. and China trade negotiations, arguing there are too many large issues at stake for it to close out satisfactorily on short-order. The focus has been on things like market access and intellectual property protections, but global finance is also a major problem. China has not made itself subject to the guidelines for officially supported export credits under an OECD agreement. When China joined the WTO, 90 percent of government trade financing operated within WTO rules but now less than half comply. The reason is that other governments are now trying to compete with Beijing – export credits have been weaponized. They are also filling a gap that was created w...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.