China is eating up a larger chunk of the world’s shrinking trade pie.
Brushing off rising wages, a shrinking workforce and intensifying competition from lower cost nations from Vietnam to Mexico, China’s global export share climbed to 14.6 percent last year from 12.9 percent a year earlier. That’s the highest proportion of world exports ever in International Monetary Fund data going back to 1980.
![China’s export machine is expanding its share of the global market 12 winners1 XJRY](https://i2.wp.com/www.thailandchina.net/wp-content/uploads/2016/09/winners1_XJRY.png?ssl=1&w=720&quality=80&strip=info)
via China’s export machine is grabbing more of the global market — Thailand – China
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