Since container shipping accounts for 52% of the totalvalue of the world's seaborne trade, according to Lloyd's Maritime Intelligence Unit, Forbes used it to rank the world's busiest ports.
In other words, if the price of Chinese goods to American consumers increased by 21 percent (on average) and Americans reduced their consumption of Chinese goods by less than 21 percent, then demand would be considered inelastic, the price effect would dominate, and total import value would rise (adding to the trade deficit).
The SME board now has 588 listed companies with a total market value of RMB 3.1 trillion that trade at an average price earnings multiple of 34.7 times.