No “Great” Fixes The Trump Administration is seeking large changes at the WTO and in China but neither are likely to materialize. Chinese Vice Premier Liu He will arrive in Washington this week for trade negotiations, but a Bloomberg story says that he has no concessions to offer on industrial policy or government subsidies. The refusal comes amidst a new report (Innovative China) published jointly by the World Bank and the Development Research Center of China’s State Council arguing that GDP will slow if the reforms are not undertaken. Like the Bank’s predecessor 2012 report, China 2030, the latest iteration warns that GDP will inevitably slow if the ongoing misallocation of capital is not corrected. But President...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...