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Import Substitution

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Beyond the Numbers: The Structural Forces Behind China''s Record $1.2 Trillion
The Review

Beyond the Numbers: The Structural Forces Behind China''s Record $1.2 Trillion

In 2025, China's trade surplus soared to a historic $1.2 trillion, a 25%

China trade surplus 2025global supply chaintrade imbalance+4
Dr. Adrian Thorne
Dr. Adrian Thorne