From 'Made in China' to 'Made by China for China'
China remains the biggest manufacturer on the planet, but most of what it makes stays at home and the vast majority of what it consumes is made there, too. These twin facts could confound any Donald Trump-led trade assault, according to Diana Choyleva, London-based chief economist at Enodo Economics. Of course, China remains deeply knitted into the global supply chain. "But the bulk of the value added is actually destined for China’s domestic market rather than abroad," Choyleva wrote in a recent note. Read more