View of Shanghai skyline from a container station.
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China is still a critical trading partner for many countries across the world, and the often-used narrative of the superpower being delinked from the global economy is overdone, says the Manila-headquartered Asian Development Bank.
“China’s still probably the number one trading partner for the majority of countries in the world,” ADB’s Chief Economist Albert Park told CNBC.
Although there have been parts of overall trade with China that have declined, the country’s engagement and importance in the global value chain has not diminished, said Park.
China’s…
