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Charting China’s services trade

China's services trade trails its prowess in good. China exports 13% of global goods, but only 4% of services. From 2009-18, China accounted for 19% of growth in global goods exports, but only 4% in services. In 2018, China ran a $314 billion services trade deficit, largely due to travel. China's reliance on goods exports is particularly acute relative to other major economies.
Author CBRPosted on May 1, 2021May 1, 2021Categories Essays & Reportage

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