An analysis by Bloomberg revealed how dominant China is in trading with nations in the Indo-Pacific. In a subset of 15 countries, the closest balance in trade between the two largest economies was held by India, with a near even split but still advantage China. However, looking at the balance of trade between Indo-Pacific countries and the U.S. and China reinforces that the trade typically flows to the advantage of China. Vietnam uniquely holds a trade deficit with the U.S. and South Korea’s trade surplus is roughly the same between China and the U.S. However, overall, many countries in the region view China’s dominance with trepidation, and prefer a stronger relationship with the West, though better terms of trade may be part...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.