Source: China – South China Morning PostChina is accelerating its pivot to the Global South to reduce reliance on the United States, potentially creating “a new order of global commerce”, according to a new report.
Chinese exports to the Global South – covering most of the developing world – have doubled since 2015, with growth seeing a notable uptick after the US-China trade war during US President Donald Trump’s first term, S&P analysts said on Tuesday.
In the past five years, these exports have risen by 65 per cent – tripling the…Read More