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TDM Insight: China is Becoming a ‘Factory for Factories’

Another Strong Month  The Artificial Intelligence revolution gets the headlines and is being credited for another robust trade month.  In July, Chinese exports increased 23.9% year-on-year to $397.9 billion. Its monthly surplus was $112.5 billion, putting it on track for another trillion-dollar annual surplus.  “Export and import values remain elevated, helped by soaring global demand…

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How Chinese Exports Beat Tariffs

More Tariffs on the Horizon There seems to be no end to the trade pendulum swinging hard toward protectionism in Brussels and Washington-- or to Chinese exports continuing to flood global markets. The Biden administration last month slapped tariffs on imports of electric vehicles, lithium-ion batteries and other high-tech goods from China. (They’ll mostly affect batteries.)  The…

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