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Telecommunications Report China 4th Quarter

  • ID: 4450638
  • Report
  • December 2019
  • Region: China
  • 11 Pages
  • The Economist Intelligence Unit
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China is home to the world's largest mobile market, as well as the biggest market for mobile virtual network operators (MVNOs). The Economist Intelligence Unit forecasts that there will be almost 1.94bn mobile subscribers by 2024.

According to our global risk forecast, a protracted US-China trade conflict could cause long-lasting damage to the global trading system. Although we forecast a phase-one trade deal to be agreed by mid-December, the likelihood of a delay and further escalation is high. Growing nationalist sentiment in China will make it difficult for the Chinese government to offer any meaningful concessions. As conflict between the world's two largest economies hardens, other countries will come under increasing pressure to choose sides.

This can be seen in the ongoing technology trade war between China and the US over the role of a Chinese technology firm, Huawei, in the roll-out of 5G mobile networks. The end result could be, in effect, a split in the global trade system between countries leaning towards China and those allied with the US. The split would not be absolute, given the US's global military and financial dominance and China's growing economic clout. However, the impact on multinational companies would still be significant, with supply chains realigned by competing tariffs, embargoes and regulations, and with 5G implementation postponed in some countries. In this scenario we would expect global trade to shrink, inflation to rise, consumers' purchasing power to fall, investment to stagnate and global growth to slow.

Industry List: Connected devices, Telecommunications, Fixed, Telecommunications, Internet, Telecommunications, Mobile, Telecommunications, Telecommunications
Industry Codes (NAIC): 517
Industry Codes (SIC): 48
Note: Product cover images may vary from those shown
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Telecommunications Report China 4th Quarter

Telecommunications report: Overview

Telecommunications report: Mobile

Telecommunications report: Fixed

Telecommunications report: Internet

Telecommunications report: Connected devices
Note: Product cover images may vary from those shown
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