Coronavirus Aside, China Could Become The New Economic Superpower

Modern China is the world’s largest exporter of goods and the world’s second-largest exporter of services. Prior to 2015, it also showed the world’s highest GDP growth rate: 10 per cent per year. In 2019, China’s economic growth slowed down to the level of 1990 due to a trade war with the US, but still it remained exceptional by Western standards: 6.1 per cent per year.

The current coronavirus outbreak threatens to make matters worse in China, but also jeopardises the operation of the world’s largest corporations that own production facilities in the affected zone. This is yet another proof of China’s role in the modern world.

Read the full article on Valuewalk.

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EXANTE ha donado 1 millón de dólares a la respuesta de emergencia de UNICEF para apoyar a los niños y familias vulnerables afectados por la guerra en curso en Ucrania así como a los que se han visto obligados a huir a los países vecinos.