TOKYO -- China has transitioned into an export base for high-value-added products such as manufacturing equipment and components, Japan's Cabinet Office said in a report Tuesday, a trend that could impact production worldwide in light of the trade war.
Business trends
China's exports climb value chain, feeding into US trade tensions
Machinery and components overtake consumer goods, Japan report finds
A production line for robotic arms in China. The world's factory now exports high-value-added products like machinery and parts essential for manufacturing in other nations, rather than toys. © Reuters
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