China exports surge despite Trump tariffs as global demand strengthens
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China exports surge despite Trump tariffs as global demand strengthens
"Official trade data released by Chinese authorities shows that exports rose by more than 20 per cent in January and February compared with the same period last year, far exceeding economists' expectations. Analysts had forecast growth of around 7 per cent, making the latest figures nearly three times stronger than predicted."
"China's export growth has become increasingly important as the country grapples with a range of structural economic challenges. Weak consumer spending at home, a prolonged downturn in the property sector and a shrinking working-age population have all weighed on domestic demand. As a result, exports have played a critical role in supporting overall economic growth."
"Economists say the latest export data underlines how global demand, particularly for technology and manufacturing, continues to provide a lifeline for China's economy. Much of the increase in exports was driven by strong demand for electronics and high-value manufactured goods."
China's exports rose more than 20 percent in January and February 2026, nearly triple the 7 percent growth economists predicted. This strong performance positions China to exceed its 2025 trade surplus record. The surge reflects continued global demand for technology and manufactured goods, providing critical support as China faces domestic economic pressures including weak consumer spending, property sector decline, and workforce shrinkage. The government set a 2026 growth target of 4.5-5 percent, slightly lower than 2025's achievement. Export growth has become essential for maintaining overall economic expansion amid structural challenges. A planned diplomatic meeting between Trump and Xi Jinping in early April is expected to address trade relations and geopolitical tensions.
Read at Business Matters
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