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43.8% of Japanese respondents said that the biggest challenge to business profitability was falling demand for their products and services, the highest percentage of all Asia Pacific nations surveyed.

Respondents in Hong Kong indicated that their biggest challenge to profitability this year would be maintaining adequate cash flow, with 37.4% stating this to be the case.

The UK car market continued to grow last year. Compared to other UK industries, the automotive sector’s default and insolvency rate is good, with a stable outlook.

The automotive sector was hit hard by the economic crisis, as lower domestic consumption and difficulties accessing finance led to a slump in the car market. However, a rebound began in 2013.

The downward trend in the French automotive industry appears to have bottomed out, and there are signs of a modest rebound.

Although China ́s economic growth is forecast to slow down in 2014, there are many positive catalysts for the car industry , and we expect a second straight year of strong growth.

Russia ́s fiscal position still looks robust. Public debt has been relatively stable at 8% since the global credit crisis of 2008/2009 and is even set to decline in 2015.

The German steel sector is profiting from robust domestic demand, mainly from the construction and automotive industries, with apparent steel use expected to grow 4.5% in 2014.

On average, payments in the Indian steel/metals industry have remained unchanged since last year, taking between 60 and 90 days.

Trade successfully with the Czech Republic looks at ten principles that those seeking to expand into the Czech Republic should follow to avoid some of the pitfalls of trading in untried territory.