China

It is significant to recognize that the impact of corruption on the economy is not measured rigorously and is even subject to different interpretations.

The trade surplus in favour of China would be directly hit by a protectionist escalation between the two largest economies in the world.

For a long time, tariffs were the most common protectionism instrument.

The most influential factors in the new situation are, among others, the forced landing of China's economy, the depletion of US growth, which grew only 0.2% in the last quarter of 2015.

In the past decade, the world has seen an unprecedented flow of capital into emerging market debt and infrastructure projects incentivised by the abnormal increase in money supply and low rates in the US.