China’s imports post surprise growth in December, exports also beat expectations
- China's exports grew by 10.7% in December, exceeding expectations, as factories rushed to fill orders before potential tariffs from U.S. President-elect Donald Trump take effect.
- China's trade surplus increased to $104.84 billion as exports outpaced imports.
- In 2024, China's total exports reached 25.45 trillion yuan, marking a 7.1% year-on-year increase, according to Lu Daliang.
- Economists warn that if Trump imposes tariffs, it could reduce export volumes by about 3% and impact China's GDP negatively.
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Coverage Details
Total News Sources0
Leaning Left22Leaning Right9Center17Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 35%
R 19%
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