China. Fragile supply chain threatens the world’s leading exporting country

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While in 2021 Asia recorded export growth of 13.8% (compared to annual growth of 0.2% in 2020); the WTO predicts that this growth will reach only 2% in 2022.

“It is clear that the double whammy of the pandemic and war disrupted supply chains, increased inflationary pressures and lowered expectations for output and trade growth,” the WTO said on April 12^th. 

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In 2021, China, the world’s largest exporter, recorded a 30% increase in its exports to reach US$3,360 billion (a not