cross-posted from : lemmy.zip/post/60427100
China’s export growth likely quickened in the January-February period, a Reuters poll showed on Monday, suggesting the world’s second-largest economy is on track to top last year’s record $1.2 trillion trade surplus over the course of 2026.
Hotznplotzn@lemmy.sdf.org 4 days ago
They have to. China’s economy (and likely the government?) would be facing even more severe trouble without extensive export growth. Foreign markets are the country’s only lifeline after a decade of so of failed economic policy. The world is waking up only slowly, but at least supply chain diversification is underway.