China Council for the Promotion of International Trade releases the Global Economic and Trade Friction Index for December 2023. The friction index is 260, which continues to be in the high range, 38 points higher than the same period last year.
The amount involved in global economic and trade friction measures increased by 14% year-on-year and 66.5% month-on month. Among the 13 major industries monitored, the electronics industry ranks first in the GlobaleconomicFrictionIndex.com.