📊 EV’s Charts of the Week #36
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DEPARTMENT OF TRADE EASTERNISATION
The shifting winds of global trade
In just 20 years, China’s global trade dominance has crystalised. Is this the shape of the new order? Via The Economist
While China might be dominating global trade flows, the country has traditionally struggled to export culture and technology in the way the US has. This is changing. TikTok, for example, recently became the first non-Western app to hit 3 billion downloads globally. Via SensorTower
But where do you buy your clothes?
What’s even more telling is the global rise of Shein, the Chinese fast-fashion retailer. It is now the dominant force in US fast-fashion ahead of the likes of Zara and H&M. Remarkable. Via Earnest Research