China, US drop in global competitiveness rankings

The United States and China fall in the world ranking of the most competitive countries. In question, the Trade War between the two countries.

It is a kind of economic suicide. As every year, the IMD Institute in Lausanne publishes the ranking of the most competitive economies in the world. The study is based on objective data and surveys of business leaders. The United States has dominated this ranking for a very long time. There, it is the fall, the United States falls to the tenth place in the world. Ditto for China, which is falling to 20th place in the world. The authors of the survey say it very clearly "The trade war has reversed their growth trajectory". And for good reason, in these two countries, we only talk about economic war and commercial reprisals.

What is the situation in France which has been said to have become very attractive again?

It's a small disappointment, we stagnate while Great Britain climbs four places, which surprises the authors of the survey who explain that Great Britain post Brexit is finally perceived as a welcoming country for companies. Unilever, the giant of consumer products, has decided to end its dual Anglo-Dutch nationality. Unilever therefore chose to settle in London rather than Amsterdam for financial reasons. The City remains the City! Proof that the English have not said their last word in terms of attractiveness.

Which countries lead the ranking, the most competitive in the world?

These are small countries like Singapore, Denmark, Switzerland or the Netherlands. Why ? In these countries, we are more pragmatic and closer to the ground. There is a consensus that allows you to go quickly and be efficient. We saw it with the masks.

Finally, the authors note in passing that Denmark (second in the world ranking) is a country very committed to the ecological transition. Proof that we can be very competitive while taking the ecological turn.