What Do China’s Import & Exports Mean for the Rest of the World?

China, the world’s largest exporter, has reported its latest import and export numbers – and they might surprise you.

While exports came up shy of projected growth (but still saw a 27.9% jump), the country’s import numbers exploded. The country saw a 51.1% spike in import value, the fastest pace it’s seen in a decade. So, what factors are driving that growth in imports, and what does it mean for the rest of the world’s economies and the global economy as a whole?

To get some insight, host and Voice of B2B Daniel Litwin invited attorney John M. Scannapieco to this episode of MarketScaleTV. Scannapieco, chair of Baker Donelson’s Global Business Team, brings a business consultation perspective to the discussion, with years of experience advising companies on their Chinese business strategies.

The two tried to provide some global context for China’s economic shifts. How is China working to building manufacturing independence? Could U.S. sanctions on the country be accelerating the nation’s manufacturing independence? How are supply chain disruptions in the wake of COVID-19 continuing to linger, even with growth occurring? What impact do the still-rising prices of commodities have on China’s economy and its position in the global economy at large?

Litwin and Scannapieco answered these questions and more in an effort to paint a clearer picture of what the world’s economy might look like as the post-pandemic dust continues to settle.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!



Listen Carefully, Respond Creatively
April 12, 2024

In this captivating episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, delves into the transformative business philosophy of “listen carefully, respond creatively.” This approach has not only skyrocketed the Savannah Bananas to fame but also serves as a universal blueprint for revolutionizing customer service and engagement across all sectors. […]

Read More
Stacey Childress, Senior Advisor at McKinsey and Company, discusses higher ed
Bold Measures are Needed to Improve Investment in Higher Education
April 12, 2024

The stakes for higher education have never been higher as the educational landscape sees rapid evolution. As universities and colleges grapple with the dual challenges of technological disruption and increasing demands for accessible, quality education, the question of how best to implement investment in higher education becomes a priority. This debate has been ignited […]

Read More
wake up healthy
Hey, it’s 9 am… Wake up Healthy with 9amHealth!
April 12, 2024

Healthcare Rethink host Brian Urban explores ways to wake up healthy and stay healthy with his guest, Dr. Avantika Waring, MD, the Chief Medical Officer, at 9amHealth. This episode delves into the transformative approach to healthcare delivery championed by 9amHealth. Dr. Waring’s journey from a humanities student with a love for French to a […]

Read More
public safety and security
Strengthen Public Safety and Security: Modernize Radio Communication for Better Field Response
April 11, 2024

The importance of radio communication within public safety and security operations remains unbeaten in an era dominated by digital transformation. This medium, essential for over a century, continues to be the lifeline for responders on the front lines. From ensuring the safety of field agents to facilitating real-time critical information flow and enhancing situational […]

Read More