China’s Long-Term Impact on Global Trade and the Reconfiguration of the World Economy
China’s rise from a minor exporter to the centre of global manufacturing redefined trade flows, reshaped supply chains and forced the global economy to evolve.
China’s rise from a minor exporter to the centre of global manufacturing redefined trade flows, reshaped supply chains and forced the global economy to evolve.
China’s exports reoriented away from the U.S. toward Asia and emerging markets, while U.S. imports re-anchored toward Mexico, Europe and Asia.