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.
winners1 XJRY

via China’s export machine is grabbing more of the global market — Thailand – China

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

What Does APEC Do?

 APEC’s 21 members aim to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure growth and by accelerating regional economic integration.

Thai Police probes into Chinese money laundering syndicate

More than 5 billion baht (US$113 million) have already been seized, including a plane, land, and three mansions, and the Chinese ownership of several mansions in prestigious Bangkok complexes is being looked into.

JD.com to cease operations in Thailand and Indonesia

Local websites showed JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month. Both units will stop taking orders on February 15.