U.S., Japan and South Korea scale back trade reliance on China
BEIJING/WASHINGTON -- The U.S., Japan and other major economies have curbed their reliance on China since the trade war between Washington and Beijing began five years ago, casting a shadow over global economic growth.
China's combined trade with the U.S., Japan, South Korea and the European Union totals $2 trillion, accounting for 35% of its overall volume, according to data from the Group of 20 nations analyzed by Nikkei.
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