On October 27, an online presentation of the book by Professor Yuqing Xing (National Graduate Institute for Policy Studies, Japan) was held by the Centre for Comprehensive European and International Studies (CCEIS) in cooperation with the Department of World Economy of the Higher School of Economics. The presentation was dedicated to revealing the phenomenon of the Chinese export miracle through the prism of global value chains. The discussion touched upon the issues of the Chinese experience for emerging economies, the current realities of economic cycles, and the factor of US-China decoupling and its impact on the global economy.