China: still steaming ahead
Chinese economic growth may have slowed, but it is still steaming ahead at an estimated 7.5% each year. Not only will China continue to be the world’s largest exporter, it is also expected to become the largest importer by 2018.
The most important flows will be in office, telecom and electrical equipment, illustrating China’s key position in the global electronics supply chain. Fast increases will also occur in import and export flows of industrial machinery, representing important opportunities for businesses around the globe.