Weekend Bloomberg report puts China No1 for future business growth

May 30th, 2011

A decision to create “Shipping Hong Kong” as a portal to showcase the industry within Greater China, Korea and Japan, seems to have been propitious.

In a report by the Bloomberg Economic Momentum Index for Developing Asia, China was ranked first among 22 emerging economies to maintain steady and rapid growth over the next 5 years, with a score of 76.2 percent compared to second ranked India with 64.1 percent and surprisingly, Vietnam was 3rd with 61.9 percent.

The statistics suggest that China and India will continue to drive the world’s economies and the shipping industries of both countries and indeed that of Korea with its massive shipbuilding industry – all seem destined to play a major part.

“Shipping Hong Kong” with its week of shipping and other maritime related conferences plus a 3 day maritime exhibition at end February 2012, will be a focus for this part of the world to the global maritime industry.