International Trade Outlook
It is widely believed that 2019 will end up being a year of steady consolidation leading to at best, low growth and at worst, stagnation. Concerned observers point to contractions being experienced across the board in Asia, and the inability of China to absorb additional consumption capacity. Trade tensions between numerous players, the top being the US and China, are not helping alleviate low-level jitters amongst the international business community. On the bright side however, is the continuing global integration of supply chains and their ever improving efficiencies. There is little doubt that trade will be at the forefront of a digital transformation of supply chains through blockchain technologies and other integrating forces. This will be to the benefit of all enterprises across the board, whether a small sole proprietorship, or a large conglomerate, and will have a transformative democratizing effect. Stay tuned to changes in real time data, product and services delivery processes and much more.