Why what happens in China matters more now than it did during SARS
johnnaughton.substack.com
From the Economist: China now accounts for 16% of global gdp, up from 4% back then. Its share of all exports in textiles and apparel is now 40% of the global total. It generates 26% of the world’s furniture exports. It is also a voracious consumer of things such as metals, needed in manufacturing. In 2003 China sucked in 7% of global mining imports. Today it claims closer to a fifth.
Why what happens in China matters more now than it did during SARS
Why what happens in China matters more now…
Why what happens in China matters more now than it did during SARS
From the Economist: China now accounts for 16% of global gdp, up from 4% back then. Its share of all exports in textiles and apparel is now 40% of the global total. It generates 26% of the world’s furniture exports. It is also a voracious consumer of things such as metals, needed in manufacturing. In 2003 China sucked in 7% of global mining imports. Today it claims closer to a fifth.