Factful Friday is up!
Do you know about Chinese servicification? From 1995 to 2022, the domestic services content of China’s manufactured exports rose from 14% to 22%. Outside China, it fell from 23% to 19%.
cc: @AdamPosen, @IMD_Bschool, @cepr_org, @adam_tooze, @jasonfurman, @BrankoMilan, @ChrisGiles_, @ChadBown, @CER_Grant, @jburnmurdoch, @jamescrabtree, @NIESRorg, @ezraklein, @elerianm, @erikbryn, @GitaGopinath, @gabriel_zucman, @Hugodixon, @kaushikcbasu, @k_sonin, @lugaricano, @lugaricano, @lindayueh, @MarkJCarney, @MaxCRoser, @NOIweala, @Nouriel, @NOELreports, @ojblanchard1, @paulkrugman, @politico, @agnesbq1, @DannyQuah, @RBReich, @RayDalio, @SimonEvenett, @simonjhix, @sjwrenlewis, @scottlincicome, @D_A_Irwin, @michaelxpettis
lnkd.in/p/e3r8E5GU
Do you know about Chinese servicification? From 1995 to 2022, the domestic services content of China’s manufactured exports rose from 14% to 22%. Outside China, it fell from 23% to 19%.
cc: @AdamPosen, @IMD_Bschool, @cepr_org, @adam_tooze, @jasonfurman, @BrankoMilan, @ChrisGiles_, @ChadBown, @CER_Grant, @jburnmurdoch, @jamescrabtree, @NIESRorg, @ezraklein, @elerianm, @erikbryn, @GitaGopinath, @gabriel_zucman, @Hugodixon, @kaushikcbasu, @k_sonin, @lugaricano, @lugaricano, @lindayueh, @MarkJCarney, @MaxCRoser, @NOIweala, @Nouriel, @NOELreports, @ojblanchard1, @paulkrugman, @politico, @agnesbq1, @DannyQuah, @RBReich, @RayDalio, @SimonEvenett, @simonjhix, @sjwrenlewis, @scottlincicome, @D_A_Irwin, @michaelxpettis
lnkd.in/p/e3r8E5GU