Economics
China's Export Machine Is Grabbing More of the Global Market
- Nation’s rising share risks fanning tensions over global trade
- China takes ‘drubbing’ at G-20 meet over steel exports
China Eats Up Larger Piece of World's Shrinking Trade Pie
This article is for subscribers only.
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.