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[–]ageingrockstar 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

It's striking seeing ASEAN overtake the EU in value of imports on that timeline.

The level of imports from the two economic unions were running about the same but then diverged quite markedly in 2020.

Of course, the Covid panic would have played a role early on in this decoupling (easier for China to continue sourcing from ASEAN countries during the disruption) but it's significant that the gap has continued through '21 to '23.

Similar comparing South America to the USA, although the gap that's opened up is not so large.

[–]RandomCollection[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

https://archive.ph/Pk479

The irony of this situation is that the US is likely to make China stronger, just like how the sanctions made Russia stronger.

[–]automoderator[M] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Nitter version (for those without a Twitter account)

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