Monday Mar 30, 2020
APAC Trade and Supply Chain Finance in 2020 - Market Commentary
Today's podcast is all about Asian trade flows and their expected growth, which is predicted to be between 4-9%, according to the ICC. A leader on the world stage, Asia produces, trades and consumes over two-thirds of major commodities. The region is on track to top half of global GDP and 40% of the world’s consumption by 2040. $900 billion of the $1.5 trillion USD trade finance gap stems from underfinanced businesses in Asia, yet promising developments around regional free trade agreements and the delivery of innovative technology born out of the APAC region is undeniable.
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