Who Suffers Most From a China Trade Slowdown?
As economic indicators point to a prolonged economic slowdown in China, the next concern is which countries will suffer most. Paulo Mauro and Jan Zilinsky of the US-based Petersen Institute of International Economics think they have the answer.
By purely looking at exports to China as a % of total exports in 20 major economies, Mauro and Zilinsky show that Australia, South Korea, Brazil, Japan and Saudi Arabia have the five largest exposures to the China slowdown.
Exports to China as % of Total Exports, 2007 vs. 2013