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Cryptopolitan 2024-11-07 12:28:47

China’s exports surge in anticipation of renewed US trade tensions under Trump

Reuters reported that China's exports have grown fastest since July 2022. The news outlet pointed out that Chinese factories were quickly moving inventory to overseas markets as Trump's sweeping victory raised tariff threats. Data reported by Reuters revealed that China's exports (+12.7%) and imports (-2.3%) recorded a better performance than the expected +5.2% on exports and -1.5% on imports.

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