World trade in goods rebounded to above pre-pandemic level, set new records in 2021: DHL report
Foreign direct investment flows shrunk even more than trade in 2020, but they are on track for a full recovery in 2021
London
DHL released its latest Global Connectedness Index (GCI) report on Tuesday (Nov 30), with this year's index discussing the impact of the ongoing coronavirus pandemic on globalisation by analysing international flows of trade, capital, information and Internet use, and people.
After steeply plummeting in April and May last year, trade in goods has rebounded to above its pre-pandemic level and has set new records in 2021, the report said.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Lily Ler to step down as CEO of Mapletree Industrial Trust manager
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself