Continuing with our earlier article please find some more interesting facts about emerging markets, which will highlights how attractive emerging markets are:
1. China Becomes the First Country to Sell +20M Cars in 1 Year
In 2013, China sold 22 million cars, becoming the 1st country ever to sell more than 20 million cars within a single year. The figure is a 14% increase over the previous year. In the meantime, the US sold 15.6 million cars, slipping down a spot as the second largest market for automobiles.
2. Which EM has the Most Economic Freedom?
Chile ranked no.1 among the emerging countries in the Index of Economic Freedom, a measurement of progress towards economic freedom carried out by the Heritage Foundation. Chile was followed by Colombia and Malaysia, while BRIC members such as Brazil, India and China were located in the relatively lower zone.
3. China, the World's Largest Bicycle Market
China, where electric bicycles are the most widely used vehicles, holds more than 140 million electric bicycles as of 2012, which means that on average, one out of ten people owns a bicycle. China’s electronic bicycle market, already accounting for more than 90% of the global market, has expanded quickly with an average growth rate of 11.3% from 2009. By 2013, its size is expected to reach approximately USD 11.4 billion.
We will share some interesting facts about emerging markets especially India and China in our subsequent articles.
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