China’s exports and imports weaken in Jan-Feb as demand slides amid global trade uncertainty
3 weeks, 2 days ago

China’s exports and imports weaken in Jan-Feb as demand slides amid global trade uncertainty

Associated Press  

HONG KONG — China’s exports rose a less-than-expected 2.3% in January and February from a year earlier while imports fell more than 8% in a slow start to a year dogged by uncertainty over U.S. tariffs and other policies. China’s customs agency typically publishes combined trade data for January and February to avoid any distortion from slowdowns during the week-long Lunar New Year holidays. “Export growth cooled over the first two months of 2025, with tariff front-running providing less of a boost to demand than we had anticipated,” said Julian Evans-Pritchard of Capital Economics. Evans-Pritchard said that the slowdown in imports suggests that the pick up in demand driven by government stimulus spending late last year has “already partially reversed.” This week, U.S. President Donald Trump’s second of two 10% hikes in tariffs on imports from China took effect and that is likely to hurt Chinese exports in coming months.

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History of this topic

Japan's exports surge in February, leaving a trade surplus as worries persist over Trump's tariffs
1 week, 4 days ago

Japan's exports surge in February, leaving a trade surplus as worries persist over Trump's tariffs

Hindustan Times  

TOKYO — Japan has reported its exports grew at an 11.4% annual pace in February while imports declined slightly, leaving a surplus after two straight months of deficits as worries grow about President Donald Trump’s tariff hikes. Japan's exports surge in February, leaving a trade surplus as worries persist over Trump's tariffs The stronger export growth yielded a trade surplus …

​High base effect: On a shrinking trade deficit, rising exports
Trending News
1 week, 4 days ago

​High base effect: On a shrinking trade deficit, rising exports

The Hindu  

India’s goods trade in February saw its steepest decline in nearly two years. While a shrinking trade deficit driven by rising exports would have been a positive development, the simultaneous decline in exports and imports is a cause for concern. The looming threat of reciprocal tariffs has unsettled Indian exporters, as the U.S. is India’s second-largest trading partner, accounting for …

Chinese economy on shaky ground in first two months of 2025, data shows
1 week, 6 days ago

Chinese economy on shaky ground in first two months of 2025, data shows

Firstpost  

Data also showed that unemployment rose, while housing prices continued to fall in most major cities. File image/AFP China’s economy charted an uneven trajectory in the first two months of the year, a slew of key indicators showed Monday, muddying Beijing’s drive to boost flagging consumption. Data from Beijing’s National Bureau of Statistics on Monday offered some positive signs, showing …

China's foreign trade records steady performances in first two months
2 weeks, 6 days ago

China's foreign trade records steady performances in first two months

China Daily  

Export-bound vehicles await shipment at Taicang Port, Jiangsu province. China's exports rose 3.4 percent year-on-year to 3.88 trillion yuan in the first two months of 2025, while its imports dropped 7.3 percent on a yearly basis to 2.66 trillion yuan, data from the General Administration of Customs showed on Friday. The country's foreign trade recorded steady performances during these two …

China struggles to shake off disinflationary pressures as trade threats loom
3 weeks ago

China struggles to shake off disinflationary pressures as trade threats loom

Live Mint  

China’s consumer prices nosedived in February, in a sign of stubborn disinflationary pressures, ending a year’s run of tepid price growth and underscoring the challenges policymakers face in stimulating domestic demand as trade tensions intensify. China’s budgetary deficit targets imply a nominal growth target at 4.9% on year, as well as an expected gross domestic product deflator—the broadest measure of …

Opinion: China stands guard amid Trump's tariff squeeze
3 weeks, 2 days ago

Opinion: China stands guard amid Trump's tariff squeeze

India Today  

The US-China trade war is escalating. Impact on Chinese economy According to certain Chinese estimates, the 10 per cent tariff rate will drag down China's overall export growth rate by about 1.2 percentage points. Extrapolated linearly, the new 10 per cent tariff increase means that China's export growth rate to the US may decline by about 8.2 percentage points. Considering …

US official says China will 'eat' latest tariffs
3 weeks, 4 days ago

US official says China will 'eat' latest tariffs

China Daily  

The Trump administration went ahead with its tariff war on Tuesday, imposing 25 percent import duties on Canada and Mexico and doubling its 10 percent charges on Chinese goods. In "The Economic Impacts of the US-China Trade War", a 2021 National Bureau of Economic Research working paper, economist Pablo Fajgelbaum and colleagues found that "US consumers of imported goods have …

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs
3 weeks, 5 days ago

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

The Hindu  

Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher U.S. tariffs imposed by President Donald Trump, as a Chinese state media report said that Beijing was considering ways to retaliate. The Global Times, a newspaper of China's ruling Communist Party, said Monday that Beijing was studying both tariffs and non-tariff moves to counter Trump's …

China's US farm goods imports decline amid Trump tariffs and trade tensions
Trending News
3 weeks, 5 days ago

China's US farm goods imports decline amid Trump tariffs and trade tensions

Hindustan Times  

Chinese imports of U.S. farm goods, which have declined sharply since the Washington-Beijing trade war during President Donald Trump's first term, are expected to drop further as Beijing prepares retaliatory measures against fresh U.S. tariffs. U.S. exports to China have declined since 2018 after Beijing slapped tariffs of up to 25% on soybeans, beef, pork, wheat, corn and sorghum in …

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs
3 weeks, 6 days ago

China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

Associated Press  

BANGKOK — Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher U.S. tariffs imposed by President Donald Trump, as a Chinese state media report said that Beijing was considering ways to retaliate. The Global Times, a newspaper of China’s ruling Communist Party, said Monday that Beijing was studying both tariffs and non-tariff moves to …

US trade deficit swells to $918.4 bn in 2024: What will be Trump's next move?
1 month, 3 weeks ago

US trade deficit swells to $918.4 bn in 2024: What will be Trump's next move?

Firstpost  

The high figures could attract renewed scrutiny under the new US administration, with Trump already threatening tariffs on major US partners over trade imbalances and other issues US President Donald Trump signs executive orders in the Oval Office at the White House in Washington, US. File image/ Reuters The US trade gap swelled last year to its second-largest on record, …

US trade deficit swells to $918.4 bn in 2024: What will be Trump's next move?
1 month, 3 weeks ago

US trade deficit swells to $918.4 bn in 2024: What will be Trump's next move?

Firstpost  

The high figures could attract renewed scrutiny under the new US administration, with Trump already threatening tariffs on major US partners over trade imbalances and other issues US President Donald Trump signs executive orders in the Oval Office at the White House in Washington, US. File image/ Reuters The US trade gap swelled last year to its second-largest on record, …

U.S. trade gap swells as Trump renews scrutiny of deficits
Top News
1 month, 3 weeks ago

U.S. trade gap swells as Trump renews scrutiny of deficits

Raw Story  

by Beiyi SEOW The U.S. trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under the spotlight with President Donald Trump's return to the White House. The high figures could attract renewed scrutiny under the new U.S. administration, with Trump already threatening tariffs on major US partners over trade imbalances and other …

China hopes for last-minute deal that can avert US trade war, say analysts
1 month, 3 weeks ago

China hopes for last-minute deal that can avert US trade war, say analysts

New Indian Express  

BEIJING: China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say. China on Tuesday fired a return salvo in its escalating trade war with the United States, slapping fresh tariffs on …

How bad is the trade war with China going to get?
1 month, 3 weeks ago

How bad is the trade war with China going to get?

CNN  

New York CNN — The first punches have been thrown between the United States and China in what could amount to a short-lived trade dispute with limited economic fallout or the start of yet another lengthy and painful trade war reminiscent of President Donald Trump’s first term. China’s Commerce Ministry also added two American firms — biotech company Illumina and …

Where things stand in China-U.S. trade tensions
Trending News
1 month, 3 weeks ago

Where things stand in China-U.S. trade tensions

Raw Story  

by Oliver HOTHAM China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts. Key US demands were greater access to China's markets, broad reform of a business playing field that heavily favours Chinese firms, and a loosening of heavy state control …

Have Trump’s tariff threats helped China boost its exports?
2 months, 1 week ago

Have Trump’s tariff threats helped China boost its exports?

Al Jazeera  

Trump has said he is considering imposing a 10 percent tariff on China from February. It was Trump’s latest trade threat against China, the world’s second-largest economy after the US, and Washington’s biggest geopolitical rival. “While this influx temporarily fuelled China’s trade surplus, the broader trade relationship has been undermined by US policies,” Carlos Lopes, a Chatham House associate fellow …

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
2 months, 1 week ago

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures

Associated Press  

HONG KONG — China’s economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and recent stimulus measures. “Particularly, with a package of incremental policies being timely rolled out, public confidence was effectively bolstered and the economy recovered remarkably,” it said. “We …

Shandong's foreign trade soars to record high in 2024
2 months, 1 week ago

Shandong's foreign trade soars to record high in 2024

China Daily  

In 2024, Shandong province witnessed a significant milestone in its foreign trade sector, with imports and exports reaching a record high of 3.38 trillion yuan, marking a 3.5 percent year-on-year increase. Shandong's trade performance in each quarter of 2024 exhibited steady growth, contributing to its position as the sixth-largest contributor to China's total trade volume, accounting for 7.7 percent of …

China has a $1 trillion head start in any tariff fight
2 months, 2 weeks ago

China has a $1 trillion head start in any tariff fight

Live Mint  

Donald Trump kicked off a new era of Western economic rivalry with Beijing when he took office in 2017. By 2030, the U.N. predicts, China’s share of industry will have risen to 45%—a level of dominance unmatched since the U.S.’s postwar manufacturing heyday or the U.K.’s in the 19th century. President Biden’s administration married tariffs with new export controls on …

Renewed US trade war threatens China's 'lifeline'
2 months, 2 weeks ago

Renewed US trade war threatens China's 'lifeline'

The Hindu  

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy. China's economy likely grew 4.9% last year, according to an AFP survey of experts, fractionally short of the government's five percent target and down from 5.2% in 2023. Adjusted for …

For The Record
2 months, 2 weeks ago

For The Record

Times of India  

Chinese are first to hit the $1tn trade surplus milestone, but they have a lot to worry about China sold goods and services worth $3.6tn to other countries in 2024, bought stuff worth $2.6tn, and finished with a trade surplus of almost $1tn – an all-time record even after adjusting for inflation. It’s a big leap from the $820-840bn surplus …

Nation's foreign trade hits new high
2 months, 2 weeks ago

Nation's foreign trade hits new high

China Daily  

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. The total value of China's foreign trade reached a record high of 43.85 trillion yuan in 2024, marking a 5 percent year-on-year growth, customs statistics showed. The country's exports amounted to 25.45 trillion yuan last year, an increase of 7.1 percent year-on-year, while imports totaled 18.39 trillion …

China saw record trade with Russia in 2024: customs data
2 months, 2 weeks ago

China saw record trade with Russia in 2024: customs data

The Hindu  

Trade between China and Russia reached a record high last year, official data showed Monday, reflecting strong economic ties between the countries despite Western sanctions on Moscow. Last year's uptick brought trade between the large neighbouring countries to a historic high, though it represented much slower growth than the 26.3% year-on-year surge recorded the year before last. Chinese President Xi …

Structural shifts or price moves? China's bifurcated commodity imports
2 months, 2 weeks ago

Structural shifts or price moves? China's bifurcated commodity imports

The Hindu  

Clyde Russell China's imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and natural gas, but weakness in crude oil. It's also the case that China's steel mills weren't buying more iron ore because they were making more steel, with official data showing that crude steel output in the first 11 months …

China's exports in December up 10.7%, beating estimates as higher U.S. tariffs loom
2 months, 2 weeks ago

China's exports in December up 10.7%, beating estimates as higher U.S. tariffs loom

The Hindu  

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. China's exports are likely to remain strong in the near-term, said Zichun Huang of Capital Economics, as businesses try to “front-run” potentially higher tariffs. Record exports …

China’s exports in December up 10.7%, beating estimates as higher US tariffs loom
2 months, 2 weeks ago

China’s exports in December up 10.7%, beating estimates as higher US tariffs loom

Associated Press  

HONG KONG — 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. With exports outpacing imports, China’s trade surplus grew to $104.84 billion in December, and nearly $1 trillion for the year, at $992.2 billion. …

China’s export surge amid trade tensions
Trending News
2 months, 2 weeks ago

China’s export surge amid trade tensions

CNN  

Beijing Reuters — China’s exports gained momentum in December, with imports also showing recovery, though strength at the year-end was in part fueled by factories rushing inventory overseas as they braced for heightened trade risks under a Trump presidency. “Trade front-loading became more visible in December as a result of both Chinese New Year effects and Donald Trump’s inauguration,” said …

China’s exports in December up 10.7 per cent, beating estimates as higher US tariffs loom
Trending News
2 months, 2 weeks ago

China’s exports in December up 10.7 per cent, beating estimates as higher US tariffs loom

New Indian Express  

HONG KONG: China's exports in December grew at a faster-than-expected pace as factories rushed to fill orders in anticipation of higher tariffs threatened by U.S. President-elect Donald Trump once he takes office. Officials in Beijing reported that the total value of China's imports and exports reached a record 43.85 trillion yuan in 2024, marking a 5% increase from the previous …

China's exports in December up 10.7%, beating estimates as higher U.S. tariffs loom
2 months, 2 weeks ago

China's exports in December up 10.7%, beating estimates as higher U.S. tariffs loom

NPR  

China's exports in December up 10.7%, beating estimates as higher U.S. tariffs loom toggle caption AP/CHINATOPIX/AP HONG KONG — 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. Sponsor Message China's exports are likely to …

Ample opportunities seen for foreign trade in 2025
2 months, 2 weeks ago

Ample opportunities seen for foreign trade in 2025

China Daily  

China's foreign trade, particularly exports of mechanical and electrical products, along with its resilient supply chains, will be pivotal in curbing global inflation and driving the green transformation of many countries in 2025, market analysts and exporters said on Friday. Although external risks and challenges, including increasing trade barriers and geopolitical impacts, are growing, they said there are still ample …

How China, India will navigate Trump’s bid for ‘tariffs, and tariffs alone’
2 months, 3 weeks ago

How China, India will navigate Trump’s bid for ‘tariffs, and tariffs alone’

Live Mint  

As Donald Trump returns as the US President on 20 January, the world will closely watch his trade policies. During his first term, Trump initiated a trade war with China in 2018, imposing tariffs on $250 billion worth of Chinese goods, including steel, aluminium, solar panels and washing machines. China's trade surplus stood at $785 billion for the first 10 …

India’s trade braces for an action-packed 2025
3 months ago

India’s trade braces for an action-packed 2025

Live Mint  

India’s external trade, navigating a phase of uncertainty owing to the European Union's new carbon tax on imports and slowing consumption in Europe, is set face further pressure. Yet, according to Pralok Gupta, associate professor, Indian Institute of Foreign Trade, which operates under the ministry of commerce and industry, “If US imposes high tariffs on China, India may face collateral …

US tariffs on China unable to stop China trade growth
Trending News
3 months, 1 week ago

US tariffs on China unable to stop China trade growth

China Daily  

Vessels dock at the port of Lianyungang, a pilot FTZ area in Jiangsu province. WANG CHUN/FOR CHINA DAILY US president-elect Donald Trump has repeatedly pledged to impose high tariffs on imports from China, including revoking China’s permanent normal trade relations status, resulting in 32 percent tariff, an additional 10 percent tariff, on the basis of the average 19 percent tariff …

US tariffs on China unable to stop China trade growth
Trending News
3 months, 1 week ago

US tariffs on China unable to stop China trade growth

China Daily  

Vessels dock at the port of Lianyungang, a pilot FTZ area in Jiangsu province. WANG CHUN/FOR CHINA DAILY US president-elect Donald Trump has repeatedly pledged to impose high tariffs on imports from China, including revoking China’s permanent normal trade relations status, resulting in 32 percent tariff, an additional 10 percent tariff, on the basis of the average 19 percent tariff …

China’s weak consumption drags on economy as Trump tariff threat looms
3 months, 2 weeks ago

China’s weak consumption drags on economy as Trump tariff threat looms

CNN  

Beijing Reuters — China’s industrial output growth quickened slightly in November, while retail sales disappointed, keeping alive calls for Beijing to ramp up consumer-focused stimulus as policymakers brace for more US trade tariffs under a second Trump administration. “China’s economic policies have been amazingly consistent in promoting manufacturers over consumers despite clear signs of lasting weakness,” said Dan Wang, a …

Tailwinds favoring foreign trade enterprises
Trending News
3 months, 2 weeks ago

Tailwinds favoring foreign trade enterprises

China Daily  

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

Trade War Widened US Trade Deficit, Increased Chinese Global Exports
3 months, 2 weeks ago

Trade War Widened US Trade Deficit, Increased Chinese Global Exports

Deccan Chronicle  

The US-China trade war initiated by President Donald Trump under his previous government failed to achieve its goals as the trade deficit of the US further widened while China’s global exports increased between 2017 and 2023. The US-China trade war, which began in March 2018 by imposing 25 per cent tariffs on steel and 10 per cent on aluminium, escalated …

Shandong's foreign trade up 3.1% in Jan-Nov period
3 months, 2 weeks ago

Shandong's foreign trade up 3.1% in Jan-Nov period

China Daily  

Shandong province has reported robust growth in its foreign trade during the first 11 months of 2024. According to the latest data, the province's total import and export value reached 3.05 trillion yuan, marking a 3.1 percent increase year-on-year. In November, the province's exports of 173.79 billion yuan and imports of 115.28 billion yuan totaled an import and export value …

Foreign trade growth on steady track
3 months, 2 weeks ago

Foreign trade growth on steady track

China Daily  

A container ship leaves Qingdao Port, Shandong province. As global demand gains momentum, China's foreign trade is expected to maintain steady growth in the coming months, surpassing the usual seasonal fluctuations observed in previous years, trade experts and exporters said on Tuesday. China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period, while exports …

China’s exports slow, imports decline in November, falling below forecasts
3 months, 2 weeks ago

China’s exports slow, imports decline in November, falling below forecasts

Associated Press  

HONG KONG — China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19 pandemic. U.S. President-elect Donald Trump has threatened to slap tariffs of 60% or more on imports of Chinese goods, complicating Beijing’s …

China's foreign trade up 4.9% in first 11 months
3 months, 2 weeks ago

China's foreign trade up 4.9% in first 11 months

China Daily  

By Zhong Nan | chinadaily.com.cn | Updated: 2024-12-10 11:12 China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during …

China's foreign trade up 4.9% in first 11 months
3 months, 2 weeks ago

China's foreign trade up 4.9% in first 11 months

China Daily  

China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during this period, customs data showed. The import and export …

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says
4 months, 1 week ago

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says

Associated Press  

HONG KONG — Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official said Friday in Beijing. Responding to a reporter’s question about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on imports from China, Vice Commerce Minister Wang …

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
4 months, 1 week ago

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Higher tariffs on Chinese exports …

China is armed and ready for trade war 2.0 with Donald Trump
4 months, 1 week ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

China is armed and ready for trade war 2.0 with Donald Trump
4 months, 1 week ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

Turning tide: On the export rebound
4 months, 1 week ago

Turning tide: On the export rebound

The Hindu  

From a reasonably healthy show at the onset of this financial year, India’s goods exports had stumbled sharply in the second quarter, shrinking an average 5.8% over the first two months and rising a mere 0.5% in September. Non-petroleum exports led the way in October with a 25.6% rise, and such shipments have now hit the highest ever tally for …

Donald Trump likely to impose 40% tariff on China imports in 2025, risking growth by 0.5-1% point: Report
Trending News
4 months, 1 week ago

Donald Trump likely to impose 40% tariff on China imports in 2025, risking growth by 0.5-1% point: Report

Live Mint  

The US could impose nearly 40 per cent tariffs on imports from China early next year, potentially slicing growth in the world's second-biggest economy by up to one percentage point. However, most economists also said they do not expect blanket 60 per cent tariffs on Chinese goods in early 2025 as this could accelerate inflation within the US. "We expect …

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