CHINA/ECONOMY/TRADE DEALS/TRUMP AS PRESIDENT: “This is an uncertain moment for global trade. Longstanding agreements between the United States and its biggest trading partners have been called into question by President Donald Trump. The United Kingdom is working to disconnect itself from the European Union. Look more closely, however, and another, less-told story appears. Trade among emerging economies, with China often serving as the anchor, has been rising sharply. The world is not standing still. We estimate that goods trade between emerging economies, both with China and not, encompasses 20% of the value of all global trade, up from 8% in 1995. Trade between China and other emerging economies has risen 11-fold in that time, while trade among emerging economies not involving China has risen six-fold.”
–Jonathan Woetzel and Anu Madgavkar, “It’s a tough time for trade. But emerging economies are moving ahead,” CNN Politics, CNN.com, October 19, 2018 4:25 pm