ASEAN especially has immense consumer market opportunities for British exporters
Political differences are clouding market opportunities in China and Hong Kong but these are also growing
A review of pending and on-going trade agreements as identified by the
UK Government reveals a huge lack of trade attention with Asia. This ought to start alarm bells ringing – Asia is expected to produce 50% of global GDP in the next 20 years, and represents huge opportunities for British companies to both sell products to these markets, manufacture, and trade.
As McKinsey succinctly put it in
this recent report: “Asian flows and networks are defining the next phase of globalization.”