In Chinese, the saying fifty steps laughs at one hundred steps is equivalent to the English version of the pot calling the kettle black. That should be the reaction to Chinese Vice President Wang Qishan’s comments at this week’s Bloomberg New Economy Forum. Wang said that, “Countries must rise above exclusive blocs and reject the zero-sum mentality.” This is right after China joined the exclusive trading block called the Regional Comprehensive Economic Partnership. He also pronounced that, “We should build an open world economy that works for all. We must firmly safeguard the multilateral trading system under the WTO and unequivocally reject unilateralism and protectionism.” Yet it is China that ranks 115...
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.