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Russia Overtakes Saudi Arabia as China’s Top Crude Supplier Since Mid-2023
In the first nine months of 2024, Russia exported 2.16 million barrels per day of crude oil to China, exceeding Saudi Arabia exports by...
Admin
Jan 4, 20251 min read


U.S. and China: Economic Interdependence through Trade
Trade between the U.S. and China has declined relative to each country's GDP. U.S. trade with China fell from 3.2% of GDP in 2018 to 2.2%...
Admin
Jan 4, 20251 min read


China's Manufacturing Value Added Surpasses Combined U.S., Germany, Japan, and UK in 2021–2022, Matches in 2023
In 2021 and 2022, China's share of global manufacturing value added exceeded that of the combined U.S., Germany, Japan, and UK, before...
Admin
Jan 4, 20251 min read


EU Trade Surplus with the U.S. vs. Growing Deficit with China
In 2023, the European Union's goods trade balance with the U.S. stood at +$126 billion, while its deficit with China reached -$387...
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Jan 4, 20251 min read


U.S. and China Compete for EU Trade Leadership Since 2010
In 2023, the European Union's goods trade with the U.S. reached $942 billion, 10% higher than its trade with China at $855 billion. After...
Admin
Jan 4, 20251 min read


U.S. and EU Manufacturing Value Added: Convergence Since 2015
U.S. and European Union share of world manufacturing value added fluctuated around 17% since 2015. Manufacturing comprises 11% of U.S....
Admin
Jan 4, 20251 min read


U.S. and EU Manufacturing Value Added Remains Higher than China Despite Long-Term Decline
The combined U.S. and EU share of global manufacturing value added fell from nearly 50% in 2004 to 32% in 2023, while China surged from...
Admin
Jan 4, 20251 min read


China Becomes Central and South America's Largest Trading Partner Since 2020
China's share of Central and South American trade reached 22% in 2023, compare to the U.S. at 19% and the EU at 13%.
Admin
Jan 4, 20251 min read


Greater China: The OPEC of Silicon Chips
Over the past two decades, Greater China (comprising China, Hong Kong, and Taiwan) has seen remarkable growth in the integrated circuits...
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Jan 4, 20251 min read


Central and South American Trade with China Reaches $351 Billion in 2023
Central and South American trade with China surged from $11 billion in 2001 to $351 billion in 2023, achieving a 17% annual growth rate...
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Jan 4, 20251 min read


Central and South American Exports to China Reach $185 Billion in 2023
Central and South American exports to China surged from $5 billion in 2001 to $185 billion in 2023, growing at an annual growth rate...
Admin
Jan 4, 20251 min read


China's Share of U.S. Trade Deficit Shrinks from 47% to 26% Amid Trade War
From 2018 to 2023, China's share of the U.S. trade deficit dropped from 47% to 26%, while the combined deficit with Japan, South Korea,...
Admin
Jan 4, 20251 min read


China’s Imports of Semiconductor Manufacturing Machinery Surpassed the Combined Total of the U.S., South Korea, and Taiwan in June 2024
China's Semiconductor Manufacturing Machinery Imports Reached $47.2 Billion (12-Month Rolling Total) by July 2024, Exceeding the Combined...
Admin
Jan 4, 20251 min read


India Fuels Surge in U.S. International Students as China's Numbers Plateau
From 2015 to 2023, the number of students from China in the U.S. remained relatively stable, reaching 290,000 in 2023. In contrast, the...
Admin
Jan 4, 20251 min read


China Becomes Global Leader in Semiconductor Machinery Imports Amid Surge in Advanced Chip Manufacturing Investment
China and Hong Kong's Semiconductor Manufacturing Machinery Imports Surpassed $51 Billion (12-Month Rolling Sum) Since May 2024,...
Admin
Jan 3, 20251 min read


Hong Kong Stock Exchange Dominated by Chinese Companies
As of July 2024, 78.3% of the market capitalization on the Hong Kong Stock Exchange (valued at $3,987 billion) was comprised of Chinese...
Admin
Jan 3, 20251 min read


Russia's Trade Transition from West to East
In 2019, Russia's trade with the European Union and the United States was 130% higher than its trade with China and India. However, by...
Admin
Jan 3, 20251 min read


EU and Four Leading Asian Economies' Exports to the U.S. Surpass China in 2023
China's goods exports to the U.S. surpassed the combined exports of the four leading Asian industrial economies (Japan, South Korea,...
Admin
Jan 3, 20251 min read
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