China now accounts for around 12 per cent of global trade, similar to Britain in the 19th century, and the latest figures suggest that perhaps 700 million people in the country have been pulled above the poverty line, in no small part through trade. Photo: Reuters

Asia, led by China, set to play a bigger role in the evolution of global trade

As the world grapples with increased uncertainly following the unexpected turn of events last year, 2017 may be the dawn of a new era

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China now accounts for around 12 per cent of global trade, similar to Britain in the 19th century, and the latest figures suggest that perhaps 700 million people in the country have been pulled above the poverty line, in no small part through trade. Photo: Reuters
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