Global trade corridors and their long-term implications and opportunities were tackled by Douglas Lippoldt, a senior trade economist at HSBC, at an exclusive HSBC Commercial Banking Business Meeting.

Lippoldt spoke to the audience about the findings from his latest research Trade Chart Book – The Power of Corridors, published on September 15.

“From a quick review of our findings, the extent to which trade is dominated by the big three [US, EU and China] is striking. But the increasing share of trade for emerging markets is notable. In some instances, one can readily discern China's interlinkages with its neighbours via global value chain production,” said Lippoldt.

“The examination of trade corridors shows that some countries, notably among the emerging markets, are not yet reaching their trade potential. Southsouth trade is growing but remains ripe for further development, provided that further trade liberalisation can be achieved,” added Lippoldt.

HSBC Malta’s head of commercial banking, Michel Cordina, said: “Mr Lippoldt brought to Malta in-depth insight of the world’s economic state of affairs. HSBC's global network allows it to capture emerging opportunities from around the world and to bring unrivalled insight to its customers so as to allow more informed decisions."