Import growth in emerging markets will exceed exports in the next five years
import growth in emerging markets will exceed exports in the next five years
China Construction machinery information
Introduction: the latest global trade outlook report of HSBC Group points out that the trade balance of global emerging markets, including China, will accelerate in the next five years. The import growth rate of major emerging markets will make the electrical devices of tensile testing machines in dynamometers faster than exports. For China, thanks to the sustained economic growth, this momentum is expected in the next 15 years
the latest global trade outlook report of HSBC Group points out that the trade balance of global emerging markets, including China, will accelerate in the next five years. Imports from major emerging markets will grow faster than exports. For China, thanks to the sustained economic growth, this momentum is expected to be maintained in the next 15 years
this report was completed by delta economics, a British company specializing in trade trend research, commissioned by HSBC Group. In addition to China, the report predicts that the imports of other emerging markets, including India and Brazil, will also grow faster than exports in the next five years. Therefore, India is expected to become the world's tenth largest importer by 2026
according to the report, developed markets will show the opposite trend. The export growth rate of developed markets that can use Excel or word, including the United States, Britain, France and Spain, will exceed its import growth rate in the next five years
China's official statistics show that in 2011, China's exports increased by 20.3% and imports increased by 24.9%. China has put forward a foreign trade policy that pays equal attention to exports and imports
since 2007, the proportion of China's trade surplus in GDP has been declining to about 2.5% - 3%; India and Russia have also experienced rapid import growth since 2009
heshunhua, general manager of the industrial and Commercial Financial Services Department of HSBC (China) Co., Ltd., said that driven by economic development, and thanks to the efforts to actively promote trade balance and enhance the consumption capacity of residents, the profit and loss and compensation of China's import load flow in recent years have maintained a rapid growth momentum. Under the current weak demand in developed markets, China's import demand will become one of the main driving forces of Global trade
the report predicts that South Africa, Australia and Kazakhstan will become the fastest-growing sources of imports for China, driven by the demand for energy, bulk commodities and so on; In terms of exports, Vietnam, Brazil and India will become China's fastest-growing export markets in the next five years
in terms of short-term trade prospects, although it is still affected by the European debt crisis, the confidence of domestic trade enterprises has stabilized and rebounded slightly recently. According to the "HSBC Trade prosperity index" released at the same time, the confidence of Chinese mainland trade enterprises in the trade prospects in the next half year increased slightly compared with half a year ago, and the relevant prosperity index increased by 5 points to 105
in terms of specific markets, the most favored by Chinese trading enterprises in the next six months is Southeast Asia, and 18% of the surveyed enterprises are expected to ldquo; Without technology, the region will provide them with business growth opportunities in the next six months, followed by Latin America (16%) and the United States (12%)
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