Asia leads the resurgence of trade

Market players are bullish that trade volumes in emerging economies will rise significantly over the next six months, according to HSBC’s latest trade confidence index.
Trade activity at a port. (Credit: AFP)
Trade activity at a port. (Credit: AFP)

Demand for trade is back. Market players are bullish that trade volumes in emerging economies will rise significantly over the next six months, led by activity in Greater China and the Middle East, according to HSBC's first half trade confidence index.

Most respondents were extremely or moderately positive about trade, said Christopher Lewis, head of trade and supply chain for Greater China at HSBC, during a press conference. What is driving the positive outlook among traders Demand.

The index found that 50% of Chinese traders and 52% of those in the Middle East expect trade volumes to increase significantly in the next six months. Overall, confidence among the 5,120 exporters and...

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