As China’s US exports plunge in 2025, Beijing banks on diversification for 2026 growth

Published 4 hours ago
Source: scmp.com
As China’s US exports plunge in 2025, Beijing banks on diversification for 2026 growth
China’s exports soared to record highs in 2025, defying trade tensions with Washington as Beijing’s diversification strategy successfully mitigated a decline in US-bound shipments. However, that resilience could face a new test this year, analysts warned. Full-year exports for 2025 climbed 5.5 per cent from a year earlier to US$3.77 trillion, according to customs data released on Wednesday, higher than the 5 per cent growth projected by financial data provider Wind. Imports for the same period...