US exports to China have been weak in recent years, even as US exports have surged to the rest of the world (Chart 1). This is quite different to the pre-COVID period when China was actually a source of demand for the US.
US exports to China have been weak in recent years, even as US exports have surged to the rest of the world (Chart 1). This is quite different to the pre-COVID period when China was actually a source of demand for the US.
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