Overall US trade accounts for something like 2% of the overall economy in China, so just based on that there fundamentally can’t be a huge impact. On top of that, the US is fighting a trade war with the whole world, and as a result it’s creating new trade niches for China. Latest data shows that Chinese trade was actually up 5.6 % in April.
Overall US trade accounts for something like 2% of the overall economy in China, so just based on that there fundamentally can’t be a huge impact. On top of that, the US is fighting a trade war with the whole world, and as a result it’s creating new trade niches for China. Latest data shows that Chinese trade was actually up 5.6 % in April.
https://www.globaltimes.cn/page/202505/1333661.shtml