Goldman Sachs: Exchanges·· 8 days agoAI Score39
In which markets is China's export share growing the fastest?
Where Chinese Exports Are Gaining the Most Market Share
AI summary
Trina Chen, co-head of Greater China equity research at Goldman Sachs, noted in the Goldman Sachs Exchanges podcast that Chinese exports are expanding rapidly globally, especially in emerging markets. Goldman Sachs research analyzing more than 10 industries shows that Chinese products may have reached a 24% market share in emerging markets, and Chinese companies' local revenue growth could be 15 times that of the local market. When Chinese competition causes corporate revenue to decline by 10%-15%, their market capitalization may shrink by 50% or more.
Source:Goldman Sachs: Exchanges · mgln.ai