China’s export dominance is getting stronger, not weakerShare This News Story:BEIJING : Negative views on China’s economy are easy to come by these days. As manufacturing of certain goods is shifted to other locations to reduce costs or to mitigate supply chain risks, indigenous Chinese supply chains focused on green technology products are thriving. The result is a significant rebalancing of China’s exports, even as the country remains firmly ensconced as the world’s largest exporter of goods. Indeed, China’s share of Asia’s exports to the rest of the world in value terms has been roughly unchanged since 2017, at about 36%, according to an analysis by S&P Global Market Intelligence. Author :Mr. Peter Tirschwell is Vice President for supply chains at S&P Global Market Intelligence and Chairman of the TPM Ocean Container Supply Chain conference.

Source: The North Africa Journal December 07, 2023 14:59 UTC