Reported 8 months ago
China's exports reached a two-year high in October, rising by 12.7% year-on-year as factories rushed to ship goods ahead of potential tariffs from the U.S. and EU amid escalating trade tensions. This increase significantly outperformed expectations and led to a widened trade surplus of $95.27 billion. Trump's election victory has heightened tariff concerns, prompting U.S. importers to stock up on Chinese goods, particularly electronics. The outlook remains cautious, as weakening global demand and domestic economic challenges could impact future export growth.
Source: YAHOO