Global Trade Re-Wiring: China and the U.S. Shift Trade Partners in 2025
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.
Trade Policy Uncertainty Has Become a Structural Feature of the Global Economy
A decade of data shows a structural break in 2024, after which trade policy volatility no longer returns to its historical baseline.
China’s Capital Goods Exports Are Shifting To New Industrial Markets
Export growth is now concentrated in fast-industrialising Asia, infrastructure-heavy Middle Eastern economies and new manufacturing hubs in Eastern Europe.
The Long Shift in Global Trade Since 1948 and China’s Rise
Since 1948, global merchandise trade has shifted decisively away from the Atlantic economies toward Asia.