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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

In turn, the growth of CO 2 emissions embodied in Chinese exports has slowed or reversed, while the emissions embodied in exports, such as textiles, from less-developed regions like Vietnam and Bangladesh have surged. Relatively little attention has been paid to the rapid rise of South-South trade since the 2008-2009 global financial crisis.

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