By Felix Richter – Statista
While “Made in China” has become a staple of our everyday lives, with everything from our phones to our clothes made in “the world’s factory”, that hasn’t always been the case. It wasn’t until China’s accession to the World Trade Organization in 2001 that the country really opened up to the world economy, quickly turning it into the most important link in today’s global supply chains.
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#WorldTradeOrganization #supplychains