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…
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…
Middle East: The Big Picture
In 2024, the Middle East has been hit by conflict, piracy, and the vagaries of supply chains and the oil market. The specter of protectionism appears threatening, especially between countries in conflict with each other. As the U.S. and the European Union slide into a quasi-permanent protectionist mindset, including tit-for-tat…
In the somewhat gloomy December and annual China trade statistics released in the second week of January was buried a piece of data that hearkened back to the boom years of Chinese commodity consumption: China is buying a lot more iron ore and copper.
In December, China boosted iron ore imports 11.1% year-on-year to 100.9…
