The World Trade Organisation forecasts that the global economy will make a substantial recovery in 2010, in defiance of economists who are talking about a double dip recession and a contraction in China. The forecast predicts 9.5% growth overall, with exports from developed economies growing by 7.5%. The global logistics and freight industry would be major beneficiaries of this; sectors which are suffering from over-capacity, such as container shipping, should be able to recover. However, the WTO does state that their forecasts may be over-optimistic.