Lower Growth in China
In early March, Chinese leadership set their lowest gross domestic product growth target since 1991, forecasting a 4.5% to 5% expansion for its economy in 2026.
This week, China reported a 21.8% year-on-year increase in exports for January and February to $656.6 billion. To avoid distorted numbers because of Chinese New…
One way of looking at China’s trade economy in December and for the full 2025 year is its export surge, amplified by a weak currency, deflation at home, and inflation in most of the rest of the world. China pumped up total monthly exports 6.6% to $357.8 billion in December from $335.6 billion over the…
Happy New Year. While we wait on the Supreme Court to rule whether the Trump administration is entitled to apply tariffs on national security grounds, global trade grinds on. We at Trade Data Monitor are paying attention to what’s happening via the prism of official trade statistics. It’s a radically different world than when I started covering…
The Chinese export juggernaut finally started to show the impact of protectionism and weaker Western consumer markets in October.
A week after Presidents Trump and Xi settled a new trade deal that cut tariffs and put off their trade war for a year, China reported a 1.1% year-on-year drop in exports to $305.3 billion.
To…
Made in Vietnam (or China)
At a time when trade officials around the world are closely watching Vietnam’s evolving place in the global trading system, Chinese exports to the new Asian economic power in June boomed 23.8% year-on-year to $16.3 billion.
The U.S.-China trade war has pushed attention of U.S. trade negotiators toward manufacturing powers…
This week’s election of Donald Trump as the U.S.’s 47th president is almost certainly likely to lead to another trade war with China, and further tariffs on American imports. During the campaign, Trump said his favorite word was tariff and floated a universal 10% tariff and specific duties on Chinese imports as high as 60%.…
September Rain
China posted lackluster trade figures in September, highlighting how it might become slowly less reliant on global commerce as other major economies retrench.
Chinese exports increased 2.4% year-on-year, below economists’ expectations of around 6%, to $303.7 billion, while imports increased only 0.3% to $222 billon.
The 2024 Boom
For most of 2024, Chinese…
The politics of trade in the U.S. have gotten complicated during this century, mainly because deindustrialization in the Rust Belt has cost so many factories and jobs. The free trade consensus of the 1990s that led to NAFTA and China joining the World Trade Organization in 2001 is dead.
But it shouldn’t be lost on…
In a tricky global economy, Vietnamese exports shrank in 2023, but the rising economic power managed to be one of the only countries to increase merchandise exports to China, thanks to a surprising surge in exports of fruits and vegetables, as well as rice, demonstrating the importance of export diversification.
The Difficulties of 2023
The country of…
