The Chinese language reality of the day

After peaking at 22% in 2017, China’s share of US imports of products has fallen to 17%

No proof of reshoring: US import worth elevated by 21% between 2017 and 2021, in comparison with 4% between 2013 and 2017

Neither nearshoring: the remainder of Asia absorbed the decline, with Asia’s share of US imports steady at ~45%

That is to say by Caroline Freund.