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 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 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 $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.
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.
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 Tariffs Will Not Tame China’s Trade Surplus
Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, Trump will need to rein in his penchant to go it alone.
China seeks no trade surplus; current surplus-to-GDP ratio ‘reasonable’: GAC
VCG. China does not deliberately seek a trade surplus, with the current ratio of the trade surplus to GDP remaining within a reasonable range, and
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 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 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.
Donald Trump is about to relaunch his trade war with China—and create even more corporate upheaval in the process
During his first term, Trump's tariffs caused U.S. firms to flee China. Now comes Round 2, which will create new winners and ...
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.
Chinese Stocks Drop After Trump Says 10% Tariffs Still on Table
Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still ...