MONEY MASTER

China’s export growth slowed significantly in September, rising just 2.4% year-on-year , well below economists' expectations of a 6% increase . Imports also saw a modest increase of 0.3% , compared to a forecast of 0.8% , resulting in a trade surplus of $81.71 billion for the month, according to the customs administration . Exports have been a rare source of strong growth for China’s economy in 2024, but this slowdown highlights challenges for a nation that has been grappling with weaker domestic demand and global trade barriers . While export values remain historically high, imports lagging behind reflect China’s internal economic struggles, including a property sector slump and domestic deflation since the second quarter of 2023, which has kept export prices low. China’s reliance on manufacturing and exports to drive growth is facing headwinds as trade barriers rise globally. Recently, the European Union imposed tariffs of up to 45% on Chinese electric vehicles , accusi...

China's exports grew at their fastest pace in fifteen months in June, rising 8.6% year-on-year, surpassing the forecasted 8.0% increase. This growth suggests that manufacturers are accelerating orders ahead of expected tariffs from an increasing number of trade partners. However, imports fell by 2.3%, marking a four-month low and highlighting weak domestic demand. The mixed trade data underscores the need for further government stimulus to support the $18.6 trillion economy, which is still struggling to regain momentum. Analysts caution that the sustainability of the recent strong export performance is uncertain due to escalating trade conflicts and protective measures from major trade partners. China's trade surplus hit a record $99.05 billion in June, up from $82.62 billion in May. The United States, which has increased tariffs on Chinese imports, continues to cite this surplus as evidence of unbalanced trade. With domestic demand remaining sluggish, as evidenced by the drop ...