The data published by the Chinese Customs Agency shows a surprising 6.6% increase in exports in December, exceeding analysts' estimates. In the January-February 2026 period, imports rose by nearly 20%, despite a 27% decline in imports from the United States. The trade surplus for the first two months was $213.6 billion.
China publishes combined trade data to avoid distortions caused by the Lunar New Year.
The slowdown of the domestic economy, especially due to the real estate crisis, has led to a GDP growth target of 4.5%-5% for this year, the lowest since 1991. Additionally, tensions in the Middle East and trade blockages could affect China's economic outlook.
Last year, exports increased by 5.5%, while imports remained stable, resulting in a record trade surplus of $1.2 trillion.
Chinese exporters have turned to alternative markets, such as Southeast Asia and Europe, in the context of trade tensions with the U.S.
Sources
Latest News
09:59
09:50
09:41
09:26
09:22
See more news