Sino-forming
The largest economies of the Global South have nearly doubled from pre-Covid levels, China is the world’s second largest economy, making up 16% of $86 trillion global GDP in nominal terms
UPDATE: China’s exports to the largest economies of the Global South have nearly doubled from pre-Covid levels to a seasonally-adjusted US$70 billion in June 2022 from $38 billion in June 2019.
Today, China is the world’s second largest economy, making up 16% of $86 trillion global GDP in nominal terms. If you adjust numbers for purchasing power parity (…