Shifting Trade Dynamics: The Global South and China

This chapter examines the transformative impact of the Belt and Road Initiative and BRICS on global trade, particularly how developing countries are increasingly engaging with each other over G7 nations. It highlights the implications of U.S. tariffs on international markets and the strategic responses from countries like Pakistan in utilizing Chinese technology for infrastructure development. Additionally, the chapter provides personal insights from recent trips to China, revealing the complexities of its economic model and the importance of understanding its development context.