Is China changing its strategy towards decoupling from the world economy? | DW News
China's trade balance after exports grew to 535 billion US dollars in 2020, lifting its surplus to a five year high. That, despite the coronavirus pandemic and a trade war with the United States. In December, exports surged 18% on the previous year. Supply problems elsewhere helped boosted demand for Chinese goods. China's robust recovery also drove domestic consumption of foreign products with imports also beating expectations.
A report just released by the European Chamber in China implies that the Asian powerhouse has long managed its interdependence with the world economy in a highly strategic and limited manner. What does this mean for foreign companies operating there?
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Видео Is China changing its strategy towards decoupling from the world economy? | DW News канала DW News
A report just released by the European Chamber in China implies that the Asian powerhouse has long managed its interdependence with the world economy in a highly strategic and limited manner. What does this mean for foreign companies operating there?
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/channel/deutschewelle
#China #TradeWar #Globalisation
Видео Is China changing its strategy towards decoupling from the world economy? | DW News канала DW News
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