China's exports in December up 10.7%, beating estimates as higher U.S. tariffs loom
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from www.npr.org3 weeks ago
China's exports in December 2016 grew 10.7% year-on-year, outpacing economic forecasts of 7%, as factories prepped for potential tariffs from Trump.
www.npr.orghttps://www.npr.org/2025/01/13/nx-s1-5258024/china-exports-us-tariffs
Analyst Zichun Huang indicated that 'outbound shipments are likely to stay resilient in the near-term,' though fears of tariffs could weaken exports later.
www.npr.orghttps://www.npr.org/2025/01/13/nx-s1-5258024/china-exports-us-tariffs
The total value of China's imports and exports hit a record 43.85 trillion yuan, asserting China's position as the world's largest exporter.
www.npr.orghttps://www.npr.org/2025/01/13/nx-s1-5258024/china-exports-us-tariffs
While some sectors of China's economy slow down post-pandemic, exports rise due to government pushes for factory upgrades and high-tech manufacturing.
www.npr.orghttps://www.npr.org/2025/01/13/nx-s1-5258024/china-exports-us-tariffs
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#china-exports #us-tariffs #trade-surplus #economic-growth #high-tech-manufacturing
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