'Emerging' push lights up prospects

Experts say developed markets offer little comfort to Chinese exporters ZHONG NAN/YAN YIQI

Developed markets, the erstwhile pillars of China's foreign trade, may no longer be that central to the nation's long-term growth plans as emerging markets are shaping up as better alternatives, industry experts said on Tuesday.

With several European nations and Japan grappling with issues like high unemployment and slow economic growth, many Chinese companies are shipping more goods and deploying additional resources in emerging markets to maintain sustainable trade growth.