The role of the Chinese industrial cycle in the global economic cycle

The cycle of demand for Chinese industrial products explains the cycle of Chinese imports, which, in the recent period, explains 40% to 50% of the global trade cycle . In turn, t he global trade cycle explains 28% of the economic cycle in OECD countries. This shows the importance of the Chinese industrial cycle in explaining the global economic cycle. The improvement underway in the cyclical situation of Chinese industry is therefore good news for the global economy.