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China is ‘world’s sole manufacturing superpower’, with 35% of global output

Originally published: Geopolitical Economy Report on January 31, 2024 (more by Geopolitical Economy Report) |

China’s state-led economic development model and robust industrial policy has transformed it into what an influential European think tank calls “the world’s sole manufacturing superpower”, making up 35% of global gross production–more than the 9 next largest manufacturers combined.