Chinese Exports Rise To Record Ahead Of Looming Trump Tariffs
By Bloomberg News
Jan 12, 2025 (Bloomberg) —Chinese exports hit a record high as companies rushed to get goods out the door to make up for sluggish demand at home and ahead of the return of President-elect Donald Trump to the White House.
Exports rose 7.1% to 25.5 trillion yuan ($3.5 trillion) last year, China Central Television reported on Monday, citing customs data. Imports rose 2.3%, leaving an unprecedented trade surplus of 7.1 trillion yuan.
The value of shipments rose alm…
Comments are closed, but trackbacks and pingbacks are open.