Baldwin: China is the world’s sole manufacturing superpower: A line sketch of the rise

2024/02/05 wwchu 中國產業

Richard Baldwin / 17 Jan 2024, VOX

The US is the world’s sole military superpower. It spends more on its military than the ten next highest spending countries combined. China is now the world’s sole manufacturing superpower. Its production exceeds that of the nine next largest manufacturers combined. This column uses the recently released 2023 update of the OECD TiVA database to paint an eight-chart portrait of China’s journey to superpower status and the asymmetric impact that its dominance has had on global supply chains.

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