Economy

October 12, 2011 6:59 AM

China will displace U.S. as top exporter by 2025, HSBC warns

An HSBC forecast released Tuesday projects U.S. trade will rise by $4.4 trillion, up more than 62 percent, over the next 15 years, even as the U.S. share of the world market shrinks. The inaugural Trade Connections forecast by the London-based banking and financial group predicts that the U.S. share of the world market will fall from 11.3 percent (2010) to 9 percent by 2025.

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