The global economy is sputtering, chipping away at China’s mighty export machine and prompting Beijing to build a stronger trading relationship with Moscow even as Russia faces trade sanctions with the U.S. and European Union. Chinese exports in December declined 9.9% year-on-year to $306 billion. “China’s foreign trade and exports showed strong resilience in the…

For the first time in over two years, China’s monthly exports fell year-on-year as the global economy cooled off. As the world’s top export power, China is bearing the consequences of higher inflation in the U.S. and European Union, rising interest rates, lower economic growth, and the end of stimulus payments. In addition, Beijing has…