Europe Is a Stable Pillar of China’s Export Demand
Europe’s scale and diversified demand make it a stabilising force in China’s export landscape, with steady export growth over the past decade.
Europe’s scale and diversified demand make it a stabilising force in China’s export landscape, with steady export growth over the past decade.
China dominates steel production, accounting for 53% of global output and nearly 1 in 5 dollars of steel exports in 2024.
China alone accounts for a fifth of global crude oil imports while supply remains concentrated in a handful of exporters.
BRICS exports have advanced to current near parity with G7 exports, pointing to a momentous rebalancing of global trade with far-reaching implications.
BRICS has emerged as a cornerstone of global economic growth and is setting the stage for a new economic order.