![International Trade: a long and not quiet river International Trade: a long and not quiet river](https://media.lesechos.com/api/v1/images/view/66438ee9e2a90e78e33b2ffb/1280x720/01101059526728-web-tete.jpg)
Trade tensions are resuming with China, a good reason to continue to focus on the dynamics of international trade. If this engine of growth since the beginning of the century had slowed down before Covid-19, the dynamism of exports from emerging countries increased after the pandemic, as shown in two graphs from an IIF note (“The Challenges to Global Trade), the association of the world’s major banks and financial institutions.
China remains the dominant force, but it is challenged by the lack of visibility, underline these economists, who also insist on the strategies put in place to overcome frictions and sanctions. This creates diversions of flows in the great world river, from large emerging countries (Chile, Malaysia, Mexico, Taiwan, Vietnam, etc.) and the Caucasus Central Asia region. To be continued.
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