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Belt and Road Realities

Belt and Road Realities

China’s Global South exports surge in first two months more than compensating for sharp declines in shipments to developed markets including the US, EU and Japan.

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Dr. Digby James Wren
Mar 15, 2024
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The Chair
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Belt and Road Realities
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ASEAN Chair
Export Surge
By Asia Times China’s exports rose year-on-year by 10.3% in RMB, driven by 20% to 40% jumps in exports to India, Brazil, Indonesia, Vietnam, South Africa and other countries of the Global South. This more than compensated for sharp declines in shipments to developed markets including the US (-7%), the European Union (-6.8%), and Japan (-2.5…
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a year ago · 1 like · Dr. Digby James Wren

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