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China trade: everything you need to know

Summary:
[unable to retrieve full-text content]China’s export-driven economy was the workshop of the world for decades. In 2001, when China joined the World Trade Organization (WTO), the country accounted for 4 per cent of the world’s exports, and by 2017, that had risen to 13 per cent.Imports also skyrocketed as consumption grew in China.The trade war with the United States damaged China’s exports, as tariffs made its goods more expensive for American customers.The coronavirus also had a mixed impact on China’s trade. An early lockdown met…

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[unable to retrieve full-text content]
China’s export-driven economy was the workshop of the world for decades. In 2001, when China joined the World Trade Organization (WTO), the country accounted for 4 per cent of the world’s exports, and by 2017, that had risen to 13 per cent.Imports also skyrocketed as consumption grew in China.The trade war with the United States damaged China’s exports, as tariffs made its goods more expensive for American customers.The coronavirus also had a mixed impact on China’s trade. An early lockdown met…

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