2min chapter

HSBC Global Viewpoint: Banking and Markets cover image

Under the Banyan Tree – Why are Asian exports at such low levels?

HSBC Global Viewpoint: Banking and Markets

CHAPTER

The Importance of Asia in the Global Economy

export sector used to be really big in that market, we're talking about 20 years ago. The largest sectors in mainland Chinese equities are basically tech names, banks, insurance, consumer companies and retailers. It's consumption and domestic investments that drives that. Not so much the export sectors. Mainland Chinese equities, Indian, Indonesia are not really impacted as much.

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