The growth in China’s imports has slowed dramatically since 2015. In part this is due to onshoring of value chains (bottom left). China makes its parts at home.
But, main driver is slowing growth in exports -> less growth in imported inputs.
pubdocs.worldbank.org/en/26442160862… https://t.co/dF2WsK7jnQ
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…