Analysis by HSBC has revealed that global trade in services has outstripped growth in goods trade since the global financial crisis. The US, UK, China, Germany and France were the world's top exporters of services in 2015, but emerging economies will gradually gain market share as they continue to develop their workforce skills and digital infrastructure. Dan Howlett, HSBC Head of Corporate Banking UK, joined Share Radio to talk on the report.
Japan's government is set to forecast real economic growth of around 1.5% and nominal growth of about 2.5% for the next fiscal year from April. This according to two government officials involved in the projection process told Reuters. The projections have not yet been finalised and can change slightly by the time the government announces the figures on Dec. 20. Seijiro Takeshita, Professor of Management and Information at University of Shizuoka, Japan, joined Share Radio to discuss.
Almost a year late, investors in Hong Kong can now buy stocks on the Shenzhen Stock Exchange. HK has long been a traditional gateway to the rest of mainland China. This Hong Kong-Shenzhen Connect, is an important milestone in further opening up the Chinese market. Shenzhen is Asia's busiest exchange with a monthly turnover of more than a trillion dollars. To look into this further, Paul Lynch, of Itarle, which is active on exchanges in the region, joined Share Radio Breakfast.
China's foreign exchange reserves fell far more than expected in November to the lowest level in nearly six years, as authorities struggled to stem capital outflows and shore up a sliding currency. And yet China has just reported pretty upbeat trade figures, with exports and imports both beating forecasts. David Kuo, CEO of the Motley Fool in Singapore, joined Share Radio to discuss China trade data.