Chile Shipping Report Q1 2013 - New Market Research Report
Over the next five years, we expect the Chilean economy to struggle with rebalancing from robust growth driven by the global commodity boom of the past decade. We forecast real GDP to slow from 5.6% in 2011 to 4.8% in 2012 and 4.0% in 2013 - the result of a hard landing in China. The process of rebalancing away from rapid Chinese copper consumption will weigh on the Chilean economy for many years to come; we expect real GDP growth...
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