China's Global Exports Hit Six-Month High Despite US Tensions
China's exports grew 8.3% year-on-year in September, driven by expanding markets beyond the US amid heightened tariff tensions and new export controls, customs data showed.
- China’s exports to the United States fell 27% in September compared to last year, despite overall global exports rising 8.3% to $328.5 billion, according to customs figures released on Monday.
- Imports increased by 7.4% in September, which is better than the 1.3% rise in August, reflecting a weaker domestic economy.
- Shipments to Southeast Asia grew by 15.6% year-on-year in September as China seeks new markets amid pressures from U.S. policies.
- Frictions in trade between the U.S. and China might threaten a planned meeting between President Donald Trump and Chinese President Xi Jinping later this month.
127 Articles
127 Articles
China’s Exports to US Plunge 27 Percent as Overall Shipments Growth Hits 6-Month High
China’s exports to the United States continued to slide in September, but the downturn was offset by strong growth in shipments to other markets, such as Africa and the European Union, according to official Chinese customs data. China’s exports worldwide increased by 8.3 percent in September from the same period in 2024, outpacing August’s 4.4 percent year-over-year growth, according to figures published by China’s General Administration of Cust…
Massive tariffs are designed to weaken China's market power. Now the country is presenting new export figures, which are different than expected.
Chinese trade holds strong despite US tariffs
Chinese trade figures beat expectations, suggesting Beijing may be weathering pressure from Washington amid intensifying tariff threats from the White House. The upbeat export and import data came despite trade with the US cratering, indicating Chinese firms are finding new markets for their goods. The figures came after US President Donald Trump threatened an extra 100% duty on Chinese goods in response to Beijing tightening curbs on exports of…
China's exports increased significantly in September, despite the ongoing trade dispute with the US.
China's exports and imports increased unexpectedly in September. Meanwhile, the world's second largest economy is shipping its goods to markets such as Southeast Asia or Africa with a view to the customs dispute.
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