China is exporting more sophisticated products despite trade war

This photo taken on April 17, 2021 shows a worker checking a robot to be exported to the Middle East at the Chuangze robot factory. - AFP

BEIJING (Bloomberg): The technological level of China’s exports increased through the trade war with the US, according to a new ranking, which predicts the Chinese economy will grow faster than India’s over the next decade.

China ranked 16th globally when judged by the complexity of its exports in 2019, moving up three places ahead of countries including Ireland since the onset of the trade war in 2018, according to a new study by Harvard University’s Growth Lab.