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China's investments in North America and Europe report their lowest levels in the last 9 years, according to a new report by Baker McKenzie, a global law firm and the independent consultancy company Rhodium
Chinese investors have negotiated deals worth $ 19 billion in North America and Europe for the past year, the lowest level since 2010 and an 80% decline from 2017, when the investments reached the amount of $ 107 billion.
China's investment dropped by 27%, to $ 5.5 billion in 2019, in the North American region and by 40% in Europe.
The decline in China's overseas investment is due to several factors, including restrictions on investing abroad, strengthening controls by regulators in the US and Europe, slower growth, and geopolitical problems, the report said.
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In a move sparking controversy and diplomatic ripples, the United States wielded its veto power at the United Nations to thwart a resolution advocating for the recognition of a Palestinian state
Аhead of the impending US presidential election, tech giant Microsoft has uncovered Russian online campaigns aimed at influencing American voters
The United States military has undertaken a significant interception operation, intercepting and destroying over 80 attack drones and at least six ballistic missiles aimed at Israel from Iran and Yemen
Iran launched a significant attack on Israel, firing numerous drones and missiles, which both Tel Aviv and Tehran confirmed. The attack was purportedly in retaliation for Israel's assault on the Iranian consulate in Damascus, resulting in casualties
In response to escalating tensions and growing concerns over a potential Iranian attack, the United States has taken decisive action by deploying two warships to the Middle East
The United States, Britain, and France have issued advisories urging their citizens to avoid travel to Iran, Lebanon, Israel, and the Palestinian territories in the coming days
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
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