The export. The great Chinese market

By: export China
QUEENSLAND, Australia - Feb. 26, 2021 - PRLog -- China has become a market unto itself. Its high population and growing productive capacity make it a country with great absorption capacity. The export of their goods is constantly rising as a necessary counterpart.

Main recipient countries of the Chinese market

China has managed to become strong in the world market. Its large import capacity, based on its overwhelming demographic figure, which exceeds 1,300 billion inhabitants, represents an attractive market for any other country in the world.

Logically, this Asian giant seeks its counterpart when it comes to releasing its products. The United States, Hong Kong, Japan, South Korea and Germany are, in this order, its exit markets . Export percentages to these five countries are around 50%, with the United States and Hong Kong (with their particular administrative dependency) being the highest references with figures of around 15%. Behind, and in much lower percentage values, are the Netherlands, Vietnam, United Kingdom, India and Russia, with an average of 2% in all of them.

China, with its centralized political control also economically, acts as a firm customs agent and seeks a balance in the trade balance. It is the countries to which it export China ( that it offers the greatest facilities to import. A simple but effective mechanic thanks to its enormous potential, extremely attractive for any producing country.

Any commercial deal with China by a company from another country should be assumed as that starting reciprocity. In addition, logistics and distribution must be entrusted to specialized companies, in this particular international export with this Asian republic. The Asian giant continues to grow, and despite the slowdown looming with signs of certainty, this powerful country continues to boost much of the world economy.

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