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China saw booming exports in 2024
China’s Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
China’s economy is more dependent on exports than it has been for most of the past two decades, leaving it vulnerable to a new broadside on trade from President-elect Donald Trump. Chinese exports to the rest of the world grew 5.
China saw booming exports in 2024 as Trump tariffs loom
China’s exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms. Overseas shipments represented a rare bright spot for Beijing last year as sluggish domestic consumption and a prolonged crisis in the property sector dragged on growth.
China’s exports hit record high as Trump tariffs loom
China’s exports hit a record high in 2024, state media has reported, a welcome boost for the world’s second-largest economy as United States President-elect Donald Trump’s promised tariffs threaten to dampen growth. Exports rose 10.7 percent year-on-year, customs data showed on Monday, comfortably beating economists’ forecasts.
China exports hit record in 2024 with frontloading ahead of looming Trump tariffs
Punitive levies may push Chinese firms to divert their exports, flooding other markets with cheap goods. Read more at straitstimes.com.
China's exports in December up 10.7%, beating estimates as higher US tariffs loom
China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office.
1h
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two ...
1h
Grenada has benefited greatly from ties with China, prime minister says
Grenada has benefited greatly from its relations with China and looks forward to strengthening its cooperation with the Asian ...
4h
China Boosts Yuan Support With Verbal Warning, Capital Tweaks
China ramped up its support for the yuan with a verbal warning and tweaks to its capital control, after a surge in the dollar ...
17h
on MSN
China and its military have been making some big moves ahead of Trump's return to the White House
Since the election, China has flexed its military might in overt and covert ways, highlighting challenges for the US and its ...
1d
China central bank governor Pan meets BOE's Bailey in Beijing
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and ...
5h
China, UK renew economic talks
China and Britain restarted economic and financial talks over the weekend after a six-year hiatus during a visit by Britain’s ...
1d
on MSN
China and the UK restart economic and financial talks after a 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury ...
2h
China's Vehicle Exports Rise 22.8% in 2024
BEIJING (Reuters) - China's vehicle exports, including chassis, rose 22.8% to 6.41 million units, customs data showed on ...
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