Sunday, July 13, 2014

Italian exports to Asia will grow at an average rate of 8, 6% in the next four years, thanks to ste

SACE Forecast 2014 - 2017: Italian exports to Asia will grow by 8, 60% | ITSEA CONSULTING http://www.slotmachines.us.org/slot-games/
"Asia will continue to be a driving force for global growth, despite the structural problems to be solved in several of its key economies. Italian exports will be supported by the rapid development of the economies of South-East Asian Nations (ASEAN, nda) while China and India's economic prospects are more uncertain than in the past, that can impact on our exports.
The Asia will remain the most dynamic (GDP: +6.6% on average in 2014-2017). China will grow at a rate higher than the average over the forecast period (+7%), but lower than in the past, and will continue the implementation of policies to support a more balanced pattern of development, while India will continue to serve the weaknesses structural. The South-East Asian Nations (ASEAN - Association of South-East Asian Nations, nda), thanks to a growth model less dependent on foreign trade, aimed at greater economic diversification and trade agreements with many countries, reacted well to the deterioration of the international environment and offers the best prospects for the coming years: Indonesia, Philippines, Malaysia and Thailand will report growth rates of no less than 4% per year over the forecast period, with a robust increase in GDP per capita over the next four .
Italian exports to Asia will grow at an average rate of 8, 6% in the next four years, thanks to steady demand of the more established trading partners (especially China) and the increased demand for economies less relevant for our exports, but strong growth (especially exporter the Philippines and Indonesia). In China, a significant growth of Italian exports (+8.6% in 2014-2017; Fig. 38), in particular of intermediate goods (+8.8%) and investment (+11.7%), thanks to raising the quality standards of the industry and the Chinese stimulus to domestic demand, supported by the process of urbanization that the government intends to pursue. Positive outlook for Italian exports also to the Philippines, especially the demand for capital goods (+9.6%) due to the industrialization exporter of the country. The growing demand for specialized exporter products, particularly machinery, will drive the growth exporter of Italian exports in economies such as Thailand and Malaysia, where the export of capital goods will grow by 8, 2% and 9.4% in the horizon prediction. More cautious forecasts to India, where our exports will be held on growth rates below potential in the 2014-2015 period (+5.9% on average) due to the impact on the country's decline in public investment. " (Source: SACE www.sace.it)
Even exports to Singapore will grow considerably in the three years in question. As stated in the report, in fact, the same increase on average by more than 8%. We remind you that the data refer only to internal data. In fact transiting from Singapore and will pass all our exports exporter to other ASEAN countries, being the commercial hub for excellence in South-East Asia. Hence the strategic importance of Singapore to any company that decides to expand in Southeast Asia since the city was the place of business is in the area, the nerve center which is based on the economic system of ASEAN. It also points out that Singapore has recently signed an agreement with the European Union free trade, exporter as soon as ratified exporter by the European Parliament, will result in the elimination of customs duties and various bureaucratic procedures. To this we must add that in 2015 the 'ASEAN becomes a single market due to the clearing of customs, with over 600 million consumers exporter and a combined GDP of more than 2,300 billion dollars. Singapore, therefore, will always be the business center of reference exporter both for Europe and for ASEAN.
The South-East Asia can be no doubt, for Italian firms, an important market and Singapore exporter is the ideal place to access it, combining the ability to operate in a macro-area is characterized by a radical economic dynamism, but keeping at the same time the highest international standards of efficiency, safety and legality, conditions today, unfortunately, not found in most other countries in South-East Asia.
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