EconomyChinese firms’ export share to reach 31% by 2035 as global expansion deepens: Goldman Sachs
Chinese companies’ global expansion is moving from the periphery to the core of business, Goldman Sachs says. Their average share of export markets is projected to rise from 18 per cent this year to 31 per cent by 2035, while revenue could grow 3.6-fold; share prices have not yet fully reflected that expansion.
Chinese firms’ export share to reach 31% by 2035 as global expansion deepens: Goldman Sachs
Economy