China’s global market share has risen substantially in the past two years, despite calls from developed countries, particularly the United States, for a “decoupling from China”, a new research briefing reveals.
According to global forecasting and quantitative analysis firm Oxford Economics, the recent rise in China’s global market share is driven by gains in developed countries, due in part to the specific nature of the recent expansion of global trade. However, despite the decoupling calls, China’s exports to developed countries expanded rapidly last year and in…
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