20 things we learnt at asia trade
Post on 21-Oct-2014
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A review of our Asia Trade Signature ConferenceTRANSCRIPT
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20 Things We Learnt From our Signature Conference:
Asia Trade – Shaping the 21st Century
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Shenzhen, Guangdong & Hong Kong together have 45 million people, making the conurbation one of the
largest economic centres in the world – James Emmett
1
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20.63% of Global Trade last year was settled in Chinese
RMB. Over 80% was settled in US Dollars – Professor Chris Dixon
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3In 1840, the world’s largest economy was China, India
was the second largest – Lord Green
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4There are over 160 cities in China with a population of
more than 1 million people – James Emmett
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5Energy can change geopolitical contours; public
perceptions are important – Simon Henry
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6In 50 years, the demand for energy in Asia will have
doubled– Simon Henry
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7Car sales in China between 2012 and 2013 have
increased by 10% - Erica Ng
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8The Philippines has posted a 7.8% economy growth rate
in the first quarter of 2013. This is the highest in Asia – HE Enrique Manalo
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9If a currency becomes convertible, it takes a lot of
power away from the government that seeks to manage the currency
– Dr Harsha Singh
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10ASEAN’s trading bloc is bigger than that of the European
Union – Lord Green
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11It is often profitable for Western countries to trade in
Renminbi when doing business in Asia – Bridget Walsh
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12Half of Asia’s trade is intra-regional
– James Emmett
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13During the first quarter of 2013, the British economy
grew faster than that of Singapore – Lord Green
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Chinese airline companies outperform European counterparts in terms of in-flight item sales
- Sir Eric Peacock
14
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15China’s appetite for luxury goods grew by 6% last year
– Erica Ng
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16Urban household income will double in China by 2022
– James Emmett
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17Thailand is currently funding a £45 billion water
management project- HE Pasan Teparak
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18The UK Asia Task Force was founded in 2004 and has led
to the UK Government increasing their engagement with Asia
– John Saville
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19When trade winds affected the number of ships arriving
in British ports, trade was considered so vital that the Bank of England had a weather vane on its roof
– James Emmett
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20The Silk Road is perhaps the last great global trade
route yet to be opened – Stephen King