Africa is China’s fastest-growing export market and North America is the slowest. China’s exports to Africa are destined to eclipse those to North America.
China’s concentration of production, processing and exports has created structural dependencies with wide-ranging effects on critical industries.
What China buys and where it buys it have reshaped supply chains, commodity flows and trade balances worldwide.
China and the U.S. account for 36% of the world’s oil refining capacity, and only five economies control half of the world’s capacity.
China’s Five-Year Plans steered economic development from investment- and export-led expansion toward more balanced, high-quality growth.
Asia’s share of global imports is dominant across key industrial commodities, with China driving regional demand and shaping global supply chains.
