The Demographic Cliff by Harry S. Dent Jr

Author:Harry S. Dent Jr. [Dent, Harry S. Jr.]
Language: eng
Format: epub, azw3, mobi
Publisher: Penguin Group US
Published: 2014-01-07T00:00:00+00:00

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China’s exports to EMs have grown from 38 percent in 2001 to 51 percent in 2012, as Figure 6-21 shows. China now exports more to EMs than to DCs and thus is affected more by the slowing economic trends in those countries. Given how China dominates the global demand for commodities, especially industrial metals, a slowing in China’s exports means lowered demand for commodities imports. That slowdown will further reduce commodities prices, which will hurt the export industries of many EMs in a vicious cycle.

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