Economics
China Surpasses Japan as Asia's Top High-Tech Exporter, ADB Says
- China accounts for 43.7% of Asia's exports of high-tech goods
- China also leads in exports of low-tech goods with 55.4% share
China Exports Fall for a Fifth Month
This article is for subscribers only.
China has brought to an end Japan’s dominance of Asia’s high-technology exports, according to the Asian Development Bank.
China’s share of Asia’s exports of high-tech goods such as medical instruments, and aircraft and telecommunications equipment rose to 43.7 percent in 2014 from 9.4 percent in 2000, the ADB said. Japan’s share slid to 7.7 percent last year from 25.5 percent in 2000. Southeast Asian nations including Malaysia and Philippines also lost market share.