Low Growth of China's Exports will Create a Huge Trade Gap
{"Image DocumentName": "Low Growth of China\u2019s Exports will Create a Huge Trade Gap", "Image ImageDescription": "China today is the world\u2019s 2nd largest economy with a GDP of ~USD 7 trillion. Projections indicate continuation of high growth over next few decades. Basic textiles and apparel industry will no longer be the prime focus of Government as it used to be since 1990\u2019s for enhancing exports and generating employment. In addition, China\u2019s domestic apparel requirement will also become very high further putting pressure on the exports. The share of Chinese exports in global trade is expected to reduce from 40% at present to around 35% by Global textile and apparel trade projections. US  1700 bn. 7% CAGR: 5.8% CAGR: US  760 bn. 7.6% CAGR: China\u2019s. share. 40% 35%", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}