Amid the global economic recovery and escalating trade tensions, China's exports have remained a focal point of international attention. In recent years, the country's total exports have risen from 17.24 trillion yuan ($2.41 trillion) in 2019 to 23.77 trillion yuan recently. This period has also seen a clear trend of diversification in both export destinations and products.
Remember when China dropped the price on their rare earth exports by roughly 70% which effectively shut down all other rare earth operations globally, and also started an era of cheap solar panels and electronics? I’d say that was pretty hard to ignore.