Investor Presentaiton
Appendix 12 Transforming our business for the future of trade
3 The future of trade (3/3) - Asia
The Asia growth opportunity
Shift in wealth and innovation
■ Asia-Pacific is forecasted to comprise 66% of the
world's middle income population by 20301
Asia's share of global start-up funding increased from
16% in 2013 to 47% in 20182
Supply chains pivoting to Asia7
Share of supply chain, by location:
Now
Within 2 years
% change within 2 years
China
26.3% 27.5%
+4.6%
Asia ex China
21.4% 22.7%
+6.1%
Growth in intra-Asian trade
■ 60% of Asian trade is intra-regional, up from 52% in 20013
■ 72%² of trade of Emerging Asia 4 countries is intra-regional
North America
25.1%
24%
-4.4%
Europe
15.3% 14%
-8.5%
Rest of the world
11.9% 11.8%
-0.8%
Faster Covid-19 rebound
Exports from Asian economies remained resilient 5
China first in and first out of lockdown; Chinese factories
able to supply the world as output stalled elsewhere6
Source: East & Partners
As the #1 trade finance bank in Asia³, HSBC is best
placed to capture the Asia growth opportunity
1. Source: Why the evolution of supply chains is picking up speed in Asia-Pacific, World Economic Forum, 2020
2. Source: The future of Asia: Asian flows and networks are defining the next phase of globalization, McKinsey
UNCTAD 2019
234
3.
4.
Countries: Bhutan, Brunei, Cambodia, Indonesia, Laos, Malaysia, Mongolia, Myanmar, Nepal, Philippines,
Thailand & Vietnam
5698
See Appendix 5: Leading indicators for world trade
6.
Source: "But will it last", September 2020, HSBC Research
7.
Source: "Reshaping the future of supply chains in Asia", HSBC and East & Partners
8. Source: OW Coalition FY19 revenue benchmarking report
22
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