Monday, June 20, 2011

FW: RBC Economics Research - "Economics Digest" - Link to the latest edition

Latest RBC economic digest.
// from, jason.wang@rbc.com

http://www.rbc.com/economics/market/pdf/provfcst.pdf

Chinese market increasingly important to the province
The silver lining emerging from the 2008-2009 recession has been the
impressive
gains made by B.C. exporters at diversifying their markets. In
particular,
exports to China more than doubled in the past two years and will soon
surpass
those to Japan, the current number two export destination in the
province behind
the United States. Continued advances in China, and, to a lesser extent,
Europe
and other Asian countries in recent months have contributed to
maintaining B.C.
exports on an upward track. Among other things, these inroads into
foreign markets
have brought life back to the province's forest products sector.
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