Asia Centric: Morgan Stanley on Beijing’s ‘Made by China’ Shift
China’s share of global exports continues to rise despite US import restrictions. Rather than pulling back, the country is evolving from a ”Made in China” to a “Made by China”...
By Clara Chen · Bloomberg
China’s share of global exports continues to rise despite US import restrictions. Rather than pulling back, the country is evolving from a ”Made in China” to a “Made by China” model, supplying critical capital goods and high-value components to emerging markets such as Vietnam, Mexico and India. And after dominating the electric vehicle supply chain, China is now aggressively targeting humanoids and robotics as its next frontier.