China will retain its status as the largest exporting country in the world, experts predict

Almaty. November 27. Silkroadnews - By means of the initiatives of economic belt of the Silk Road and Maritime Silk Road of the 21st century, as well as through the establishment of Asian Infrastructure Investment Bank (ABII) China will remain the largest exporting country in the world and a new period in the history of global trade. This is stated in the report released by the banking group HSBC, Xinhua reported.
The document says that after the third wave of globalization, which is pushed by factors such as the emergence of new technologies and economic integration, global trade will soon enter a new period of history, during which it was flourishing trade in Asia will lead the growth of world trade.
It is pointed out that in this process, China will retain its status as the largest exporting country. At the same time support the further growth of Chinese trade and increase its influence in international trade are factors such as the implementation of "one zone, one way", creating ABII and other structures.
The authors of the report predict that by 2050 the total volume of exports from China may reach nearly $ 12 trillion.