Top 5 most populous megacities worldwide
The United Nations has released fresh data on the most populous cities in the world. Let's take a look at the top megacities by population.
Credit card manufacturers
According to analysts, Visa and MasterCard, the world’s leaders in the market of credit cards, will benefit from the trade deal. Under the terms of the agreement, the Chinese authorities must give access to the domestic markets to the e-payment systems. As a result, the revenue of the US credit card manufacturers will significantly increase. Nowadays, China is recognized as the world’s largest online payment market with the volume of $27 trillion. Moreover, analysts project the market to extend in the future.
US airlines
Boeing, an American air company and the largest long-time exporter to China, is going to take advantage of the trade agreement most of all. The airline’s shares increased by $2.40 on the first trading day after the deal was signed. Even Donald Trump's demand to renew Boeing 737 did not stop the stock’s rally. According to the president, Boeing takes the lion’s share of the country’s GDP. Moreover, the company can improve the GDP by another 0.5%. Boeing is the number one exporter to China since the country has always cooperated with the airline.
US technology companies
The new US-China deal will also be beneficial to Qualcomm и Micron Technology corporations. The companies have a significantly high yield from the trade with China - 69% for Qualcomm and 55% for Micron. The agreement regulates intellectual property issues mostly in favour of the US and involves comprehensive access to the Chinese technology market. Qualcomm’s shares surged by 1.95% and Micron’s securities jumped by 2.32% to $57.50 per share as soon as the two biggest economies announced the deal.
US energy companies
A number of energy corporations, primarily Continental Resources, will take advantage of the Sino-US deal. Analysts expect a sharp rise in exports of the American energy companies. The lion's share of energy commodities will be exported to China. This is an impressive outlook for the energy sector that has been striving to enter the Chinese markets for over a decade. Nowadays, China is the world's largest importer of oil and gas. Thanks to the agreement, the revenue of the US energy companies will significantly increase over the next two years.
US agricultural sector
The US agricultural sector will also profit from the deal. According to the agreement, China will buy US agricultural goods during the next two years. Experts believe that this will increase the demand for US products. The Chinese authorities will also update the national agricultural policy softening license regulations, inspection, and registration. Experts expect that markets in China will be open for all types of US agricultural goods in the course of further negotiations.
The United Nations has released fresh data on the most populous cities in the world. Let's take a look at the top megacities by population.
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