The shift of trade powers – Understanding China’s growing importance in global economic activity with FOSS technologies (foss4g2019)

It is widely known that China will soon be the leading player in world economy overtaking the traditional hubs of North America, Europe and South-East Asia. Its economic activities increasingly influence countries beyond its own borders and dominate global economic growth. The analysis of the shifting axis uses global trade data that countries report through the Harmonised Commodity Description and Coding System (HS-Codes). The shift of power towards China is evident when the spatial mean of some 220 globally traded commodities is calculated for which data is available. Other geo-(statistical) indicators further quantify and visualise China’s growing economic power while other economic centres cannot keep up with this pace or even decline in importance. None about this event: https://talks.2019.foss4g.org/bucharest/talk/MRTSMJ/