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China's Exports Surge Amid Tariff Fears as Trump Takes Office

China's exports grew by 10.7% in December, outperforming expectations as businesses rush to beat impending tariffs from President-elect Donald Trump.

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Overview

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In December, China's exports rose 10.7%, surpassing estimates, driven by a rush to complete orders before potential tariffs from the incoming Trump administration. Imports increased by 1%, contrary to expectations of a decline. Analysts believe frontloading shipments will support export strength in the short term, although higher tariffs could dampen momentum later. The trade surplus reached $104.84 billion, with total trade valued at a record $43.85 trillion. The Chinese economy continues to rely heavily on exports amid challenges such as a real estate crisis and slowing domestic demand, with GDP growth figures due to be released soon.

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