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China’s imports post surprise growth in December, exports also beat expectations

  • China's exports grew by 10.7% in December, exceeding expectations, as factories rushed to fill orders before potential tariffs from U.S. President-elect Donald Trump take effect.
  • China's trade surplus increased to $104.84 billion as exports outpaced imports.
  • In 2024, China's total exports reached 25.45 trillion yuan, marking a 7.1% year-on-year increase, according to Lu Daliang.
  • Economists warn that if Trump imposes tariffs, it could reduce export volumes by about 3% and impact China's GDP negatively.
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YUAN TALKS broke the news in on Sunday, January 12, 2025.
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