China – exports not quite so all-conquering
In contrast to the common impression, China's global market share has been falling. Whether this is just a pause after the covid surge or something more permanent will be a big theme in 2024 for China's cycle, the CNY and China's trade relations with ROW.
![China – exports not quite so all-conquering](/content/images/size/w2000/2024/05/China--Exports----of-global-non-fuel-imports.png)
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