US EditionIMF Urges China to Address Economic Imbalances as Trade Surplus Hits $1 Trillion
IMF Managing Director Kristalina Georgieva warns China’s $1 trillion trade surplus risks import curbs amid weak domestic consumption and a weakened yuan.
- Earlier this week, IMF Managing Director Kristalina Georgieva urged China to fix economic imbalances and reduce export reliance as Beijing reported a $1 trillion trade surplus for 2025 during an annual economic forum.
- Weak domestic demand and falling household wealth have cut shoppers' appetite, while China's ruling Communist Party has long sought to rebalance away from export-led growth amid the COVID-19 pandemic and years-long property downturn.
- Morgan Stanley recently predicted China's global export market share could reach 16.5% by 2030, as shipments to the United States contract and sales grow in Africa, Latin America, Southeast Asia and Europe.
- The IMF said comprehensive policies are needed to encourage Chinese people to spend more, warning that export reliance risks provoking trading partners to curb imports as it concluded its annual review of China.
- Tuesday, Chinese Premier Li Qiang said higher tariffs have `dealt a severe blow` to the global economy, while the EU Chamber of Commerce in China warned its substantial trade surplus is raising worries as Beijing expands high-tech manufacturing sectors but struggles with automaking capacity.
15 Articles
15 Articles
IMF Urges China to Address Trade Imbalances Amid Global Tensions
The IMF has emphasized the need for China to resolve its economic imbalances, cautioning against an over-reliance on exports. With rising trade surplus and international tensions, China is being urged to boost domestic consumption for sustained growth as geopolitical dynamics evolve and international trade tensions rise.
Associated Press News
IMF urges China to address economic imbalances as trade surplus hits $1 trillion
The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports.
China’s Trade Surplus Crosses $1 Trillion in 11 Months, Reshaping Global Economy and Politics
China has once again stunned the world by breaking a historic trade record. In just the first 11 months of this year, China’s trade surplus in goods and services has reached $1.08 trillion, a level no country has ever achieved so quickly. This milestone underlines not only China’s export strength but also its growing influence over […] The post China’s Trade Surplus Crosses $1 Trillion in 11 Months, Reshaping Global Economy and Politics appeared…
China hits record trade surplus of more than $1 trillion, exacerbating global imbalances
onetz.de
The IMF experts are returning to Beijing for their annual visit. They are calling for more focus on consumption rather than exports. IMF head Georgiewa has a special appeal to China's young people.
Nilesh Shah says China’s $1 trillion trade surplus is built on an undervalued Yuan, not just on innovation and competitiveness
Kotak MFs Nilesh Shah says Chinas trade surplus topping $1 trillion in 11 months is not just due to innovation and competitiveness, but also a largely overlooked factor — a deliberately undervalued yuan boosting export advantage.
Coverage Details
Bias Distribution
- 45% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
