The Center for Economic Research and Reforms presents its latest international economic news digest, examining developments in China's artificial intelligence chip market and rising public debt and fiscal deficits in advanced economies.
🇪🇺 Three EU Countries Propose a Mechanism to Simplify Business Procedures (Politico)
The leaders of Germany, Italy, and Belgium are proposing a mechanism to temporarily suspend new legislative initiatives that impose excessive burdens on businesses. The proposal aims to strengthen EU competitiveness and encourage industrial investment.
📊Chinese Manufacturers Strengthen Their Position in the AI Chip Market (Reuters)
According to Reuters, Nvidia's AI accelerator shipments to China declined by 44% in the first half of 2026. Meanwhile, Huawei more than doubled its shipments, capturing 28% of the market.
🔌 China's Hybrid Vehicle Exports to the EU Triple (Reuters)
Chinese hybrid vehicle exports to the EU tripled to $7.5 billion in the first half of 2026. Chinese brands captured 15% of Europe's electric vehicle market and 25% of the plug-in hybrid segment.
📉Fiscal Deficits in Advanced Economies Set to Reach Their Highest Level Since the COVID-19 Pandemic (Financial Times)
As reported by the Financial Times, the IMF projects that net government borrowing in advanced economies will reach 5.2% of GDP in 2026. Global public debt could rise to 100% of global GDP by 2029.
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