The emergence of China as the world’s largest exporter and the second largest economy has been first a gradual and then intensifying epoch-making tectonic shift of the global economy during the past four decades.
The Bank of Finland hired its first China economist already in 1999, well before China joined the W TO and before China started to really affect the global trading system and also production in other countries. Many of the recent analyses by BOFIT and the Bank of Finland more widely have looked into the functioning of global production networks and world trade.