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As I quoted, China went from 5% of global production to 35% in just. It's literally never been more difficult to decouple from China
by culi 2y ago
As I quoted, China went from 5% of global production to 35% in just. It's literally never been more difficult to decouple from China
- djohnston 2y agoYour data point ends at 2020. Hmm.. what could have happened that year that would have spurred businesses to decouple from China. Hmmm… cough
- fancl20 2y agoWTO, IMF have yearly reports and IIRC one of U.S. Central bank branch have published report about this. TL;DR version is there's a trade flow reshuffle but China's trade percentage barely changed. As most traditional economic theories suggested and predicted, China sells more to ASEAN, South America and they sell more to U.S.