China’s economy and globalization 

China’s economy and globalization  has recovered quickly while many other parts of the world are still battling waves of coronavirus outbreaks.Reasons why  the world needs Globalization rather than a retreat into protectionism Historically, China was a trading nation, and it continues to be one today. China is now the world’s largest trading nation, accounting for 13.2 per cent of global goods exports and nearly 11 per cent of global imports And that upward trend shows no sign of abating, especially in the Covid-19 era

The first half of 2021 saw China’s total trade volume increase by 27.1 per cent, with exports expanding 28.1 per cent and imports by 25.9 per cent. China is also rapidly becoming a major provider of outbound investment funds, as the world’s industrial manufacturing clusters begin to move to countries with lower labour costs.