15 Things We Learnt at Asia Trade

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20 Things We Learnt From our Signature Conference:

Asia Trade – Shaping the 21st Century


Shenzhen, Guangdong & Hong Kong together have 45 million people, making the conurbation one of the

largest economic centres in the world – James Emmett, HSBC

1


2Last year just 0.63% of global trade

was settled in Chinese RMB – Professor Chris Dixon, Global Policy Institute


There are over 160 cities in China with a population of more than 1 million

– James Emmett, HSBC

3


4In 50 years, the demand for energy

in Asia will have doubled– Simon Henry, Shell


5Car sales in China have increased

by 10% in the past 2 years - Erica Ng, Hong Kong Economic & Trade Office


6The Philippines has posted a 7.8% economy growth rate in the first quarter of 2013. This is the highest in Asia.

– HE Enrique Manalo


7If a currency becomes convertible,

it takes a lot of power away from the government. – Dr Harsha Singh, WTO


8ASEAN’s trading bloc is bigger

than that of the European Union. – Lord Green, UKTI


9It is often profitable for Western countries to trade

in RMB when doing business in Asia. – Bridget Walsh, Ernst & Young


10Half of Asia’s trade is intra-regional.



11During Q1 of 2013, the British economy

grew faster than that of Singapore. – Lord Green, UKTI


12China’s appetite for luxury goods grew by 6% last year

– Erica Ng, Hong Kong Economic and Trade Office


13Urban household income will double in China by 2022



14When 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



15The Silk Road is perhaps the last

great global trade route yet to be opened – Stephen King, HSBC

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15 Things We Learnt at Asia Trade