More and more, it is looking like China will no longer be able to chiefly depend on shipping the products that helped turn it into an export powerhouse to its traditional markets to maintain its status as a trade superstar. The pick-up in Chinese exports to emerging markets, particularly the members of the Association of Southeast Asian Nations (ASEAN), holds some promise, but there are several good reasons why the bloc will not be able to completely replace the European and American markets for China.
https://www.caixinglobal.com/2023-05-30/opinion-problems-and-opportunities-emerge-from-shifts-in-chinas-exports-102060403.html#caixinglobal
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