In 2020 as consumers shifted from services to goods -> China’s exports benefited. China’s recovery also meant that its markets

In 2020 as consumers shifted from services to goods -> China’s exports benefited.
China’s recovery also meant that its markets absorbed unusually high share of exports from Germany, Japan, S Korea and even US. @DragonEconomics @Gavekal
research.gavekal.com/content/macro-… https://t.co/45nRejdm7H

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