China does not pursue a trade surplus, willing to balance trade, vice premier says
China does not pursue a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday. Addressing the 55th annual World Economic Forum meeting in Davos,
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.
China’s record trade surplus: could this spark a trade war with the US?
China’s trade surplus hit almost a trillion dollars in 2024, driven by record exports of $3.6 trillion, according to official data. The surplus, which is equivalent to 992.2 billion in US dollars, has sparked concerns about a new wave of global trade tensions,
China is not seeking a trade surplus, vice premier says
China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.
China Trade Surplus Soars to $1 Trillion Ahead of Trump Return
Good morning. China’s trade surplus hits a record ahead of Donald Trump’s return to the White House. UK Chancellor Rachel Reeves returns from Beijing with deals and investments. And Europe’s largest pension fund sells its entire stake in Tesla.
China not pursuing trade surplus, protectionism 'leads nowhere', Ding tells Davos
Chinese Vice-Premier Ding Xuexiang will deliver a speech at the World Economic Forum in Davos, Switzerland on Tuesday, making him the first senior leader from China to address global concerns about the country's economic prospects and foreign policy priorities since Donald Trump kicked off his second term as US president.
China's Open Market Strategy: Embracing Global Trade Balance
China is not aiming for a trade surplus and wants to import more high-quality goods to balance international trade, according to Vice Premier Ding Xuexiang. At the World Economic Forum, Ding emphasized that global trade benefits everyone and criticized protectionism,
Trump's China Trade Surplus Challenge
On the eve of Donald Trump’s White House return, the Chinese government announced that last year it recorded a trade surplus of almost $1 trillion, a third of which was with the US.
Trade war has no winners, China's vice premier warns, as Trump threatens tariffs
Chinese Vice Premier Ding Xuexiang warned of “no winners” in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.
China's surplus crude oil surged last year, giving options for 2025
China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day ...
China’s Q4 Growth: Stimulus Success or Trade Surplus Illusion?
Economic data from China on January 17 will give insights into the impact of recent monetary policy and stimulus measures.
China Promises To Fill Void Left by US Under Trump
Among Trump's first acts in office on Monday was to order U.S.'s exit from the World Health Organization and Paris Agreement.