The eighth China International Import Expo (CIIE), which opened in Shanghai this week, is more than a trade fair. It is a mirror held up to the global economy, reflecting both the resilience of international commerce and the shifting dynamics of globalization. With 155 countries, regions, and international organizations participating, and over 4,100 overseas enterprises exhibiting across a record-breaking 430,000 square meters, the event underscores China’s continued role as a central node in the global trading system.

The timing is significant. Much of the Western discourse around China in recent years has revolved around “de-risking” and “decoupling.” These terms, often vague and politically charged, suggest a retreat from economic interdependence. Yet the turnout at CIIE 2025 tells a different story. Countries from every continent, including many from the Global South, are not only engaging with China but a

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