China’s manufacturing power is shrinking

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

🇨🇳 China’s manufacturing power is shrinking.

Though the country is still raking in the cash, there is a decline in global exports coming out of China. According to data collected by Project44, a global visibility vendor, ocean shipping capacity departing Chinese ports is declining as well. China’s export market and manufacturing share are losing billions of dollars annually as Vietnam absorbs those who have pulled out of the market.

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Jennifer Joslyn
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