China's exports dipped, but that's not the whole story. The trade war exposed weaknesses in the U.S. supply chain, which are now being fixed—by moving production elsewhere, not necessarily to China. The real shift is away from China, not toward it.
China's exports did fall, but the trade war also forced the U.S. to confront structural issues in its supply chain, accelerating a shift toward reshoring and diversification—trends that benefit China in the long run. Meanwhile, the U.S. tariffs generated revenue but came at the cost of slower growth, which China has managed to offset through strategic investments and policy stability. (https://www.kielinstitut.de/publications/news/us-china-trade-war-serious-consequences-mostly-for-the-usa/) (https://www.brookings.edu/articles/more-pain-than-gain-how-the-us-china-trade-war-hurt-america/)
Discussion
No replies yet.