China Shipping Report - Business Monitor International - Industry Reports

China Shipping Report

China Shipping Report - Business Monitor International - Industry Reports
China Shipping Report
Published Nov 07, 2015
89 pages — Published Nov 07, 2015
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

BMI View: In ----, China s shipping sector is poised to enjoy a healthy year and the country s ports once more dominate the global top --, a scenario which is not set to change any time soon. The outperformer in y-o-y tonnage terms is set to be one of China s smaller ports, the port of Basuo with annual gains of -.- , while the country s two largest ports at Shanghai and Shenzen are pencilled in to register steady box and tonnage growth over the next -- months. ...The outperformer in y-o-y tonnage terms is set to be one of China s smaller ports, the port of Basuo with annual gains of -.- , while the country s two largest ports at Shanghai and Shenzen are pencilled in to register steady box and tonnage growth over the next -- months. Growth is predicated on the fact that China will remain one of the world s most attractive consumer stories over the next five-to-ten years, underpinned by several structural dynamics including a rebalancing of the economy towards private consumption, demographic trends, greater urbanisation rates, rising GDP per capita and the increase of household leverage. We forecast that China s consumer story will remain a very bright spot over the coming years, despite the structural slowdown in the economy and we forecast that real private consumption will grow by an average of -.- per year over the next ten years. This will see private consumption rise as a share of GDP to --.- , from the current low level of --.- and is very much in line with the government s efforts to rebalance the economy away from investment and towards consumption. Over our medium-term forecast period, we do not envisage any major fluctuations in y-o-y growth at China s main ports.

...Medium- and long-term upside risk presents itself in the form of the Trans-Pacific Partnership. Japanese Prime Minister Shinz Abe has stated that the TPP free trade agreement (FTA) would be strengthened in the future if China joins in, reports Chinatopix. ...China joined the system in the future, reported Reuters. Domestically, as evidenced by its lower real GDP growth target of -.- in ----, Beijing is looking to maintain a managed slowdown of the economy going forward, which will impact shipping volumes going forward. That said, the economy will be hard-pressed to meet this pace of growth following the stock market collapse, which began late in Q---. Uncertainties regarding China s financial markets will dampen economic confidence and take a bite out of financial services activity in H---, acting as a further headwind against the economy. As such, we retain our full-year real GDP growth forecast of -.- .

...The country is investing heavily in expanding its shipping fleet as it looks to meet its growing trade needs, with particular growth in liquid bulk and LNG shipping. ...The country is investing heavily in expanding its shipping fleet as it looks to meet its growing trade needs, with particular growth in liquid bulk and LNG shipping. The country s largest shipping lines are heavily reliant on the container shipping sector, leaving them vulnerable to dips in consumer demand in the US and eurozone. ...

  
Source:
Document ID
2040-9710
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "China Shipping Report" Nov 07, 2015. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Shipping-Report-2026-857>
  
APA:
Business Monitor International - Industry Reports. (2015). China Shipping Report Nov 07, 2015. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/China-Shipping-Report-2026-857>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.