China is on a global warehouse spree
China’s investing in a global network of warehouses to smooth out its supply chains and boost its foreign trade.
Between January 2020 and December 2021, Chinese firms doubled the number of overseas warehouses they operate from around 1,000 to over 2,000, according to figures reported by state media.
A series of recent policy documents makes clear that China intends to continue expanding that international network of warehouses.
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