Hong Kong's economic future became far more exposed to the challenges of economic globalisation and the direct competition from cities in the mainland China. In particular, Shanghai claimed to have a geographical advantage. Hong Kong, continues to have a more positive and realistic approach, and remains the principal international financial centre in China. Until then, Hong Kong is expected to have higher overall economic figures yearly. Hong Kong's main trading partners are China, the United States, Japan, Taiwan, Germany, Singapore, and South Korea.