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Discussion of "deglobalization" should be grounded in graphs like these (from @ggaulier) -- which show a significant reduction in China's measured openness to imports (and less reliance on exports) subsequent to the global crisis.
Trump's tariffs managed to achieve a small bit of deglobalization (fall in imports v domestic output) at the end of 2019 -- but the US unlike China is still more open to imports (on this measure) than in 09-10.
In general, the work of @ggaulier shows a slowdown in the pace of integration outside of China, and an absolute reduction in integration (dating back to before the global crisis) in China.
And interestingly, for now it looks like trade is evolving in line with IP.

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