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#Economic publications
Chinese firms are giving customers more time to pay than their regional peers, yet overdue invoices are taking longer to settle and payment conditions are worsening, according to Coface’s APAC Payment Survey 2026.
#Economic publications
The Gulf states are stepping up their efforts in AI and data centres to prepare for the post-oil era. However, this new frontier in economic diversification exposes the region to unprecedented vulnerabilities: critical infrastructure, technological dependence, a shortage of talent and pressure on resources.
#Economic publications
The United States has replaced its temporary tariffs with new tariffs of between 10% and 12.5% targeting 60 countries, which account for 99% of its imports of goods. This development illustrates Washington’s determination to maintain its tariff strategy whilst preparing for possible new measures.
Coface’s APAC Payment Survey 2026 reveals that 73% of Japanese firms report being affected by payment delays from customers in the last 12 months. Payment discipline appears to be deteriorating in the country, with more firms seeing worsening payment delays, both in terms of severity and frequency, than improvements. As part of an annual study to understand the payment behaviours and risks among businesses, Coface surveyed 2,800 finance professionals across multiple sectors and 10 Asia-Pacific (APAC) markets, including 252 respondents in Japan.
#Economic publications
With the United States, Canada and Mexico having begun the formal review of the USMCA , the negotiations are set to be particularly tense. However, despite the growing differences between the three partners, a lasting reversal of North American economic integration remains unlikely, given how deeply entrenched industrial interdependencies have become.
Navigate uncertainty with Coface's global risk assessments for 160 countries and 13 sectors.
#Economic publications
As the Middle East moves towards a fragile lull in hostilities, the economic shock caused by the conflict – supply chains perturbation, inflation… - is already spreading to the global economy. Against this backdrop, Coface has carried out 8 country downgrades and 45 sector rating changes (41 downgrades, compared with just 4 upgrades).
#Economic publications
In an uncertain economic climate, companies in Latin America are tightening their credit terms to protect themselves, but without managing to stem the rise in payments delays. Nearly 8 in 10 companies are now facing payments delay, a rising figure, despite shorter payment terms. This dual trend illustrates the mounting cash flow pressures in the region, against a backdrop of high financing costs and fierce competition.
#Economic publications
The global business climate is deteriorating at an accelerating pace: business insolvencies surged by 12% in early 2026, driven by North America (+22%). Against a backdrop of geopolitical tensions and mounting cost pressures, Coface now forecasts a 6% rise in insolvencies worldwide for 2026.
#Economic publications
The compromise reached on 20 May between the Council of the European Union and the European Parliament on the texts ratifying the Turnberry Agreement marks a new stage in trade relations between Brussels and Washington. But behind the appearance of a transatlantic thaw, the agreement primarily reflects a risk management approach: the aim is to avoid a new surge in US protectionism whilst retaining the means to retaliate should the United States renege on its commitments.
Navigate uncertainty with Coface's global risk assessments for 160 countries and 13 sectors.
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