The combination of a weak recovery in China and slowdowns in the world’s two other biggest economies, the European Union (EU) and United States of America (US), will significantly impair global trade growth in early 2023. China remains the dominant manufacturing hub globally in 2023 and has been for the past ten years. So, any reshaping of supply chains due to their reversal of the zero-covid policy will not happen overnight due to the complexity that has been built up over the last decade, with China at the epicentre."